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Posts tagged “TechLaw”

Updated August 1, 2014

Premium Lock Patent troll legislation backed by SAS, tech firms, heads to governor

N.C. flag Local tech companies like Cary's SAS Institute pushed for the measure, saying they were often forced to defend themselves against "non-practicing entities," or NPEs, that are shell companies created for the purpose of holding a patent. Those companies then try to enforce the patent against bigger companies, hoping to extract settlements in lieu of costly litigation.

July 23, 2014

Premium Lock Property exchanges for involuntarily relinquished land

Ward and Smith, P.A.   TechLaw: Income taxes that would otherwise be incurred as a result of the involuntary conveyance or destruction of real property can be deferred to a later date by using the tax-free exchange of property provisions of the federal Internal Revenue Code.

Tags: TechLaw
July 11, 2014

Premium Lock Aereo presses case despite Supreme Court setback

The company is now using the Supreme Court's own language to force broadcasters to treat it just like a cable TV company. In Aereo's view, that means broadcasters must license their signals to Aereo under a 1976 copyright law.

Aereo CEO Chet Kanojia talks tech transformation Aereo CEO Chet Kanojia talks tech transformation

July 9, 2014

Premium Lock NY reaches price limit deal with car service Uber

Uber   The car service Uber has agreed to limit prices during emergencies, natural disasters or other unusual market disruptions consistent with New York's law against price gouging, the company and state attorney general said Tuesday.

July 9, 2014

Premium Lock TechLaw: Dust off your existing trusts

Ward and Smith, P.A.   TechLaw: Rising federal estate tax exemptions are providing you an opportunity to reconsider your existing trusts to determine whether a trust termination may provide an income tax benefit to your trusts' ultimate beneficiaries.

Tags: TechLaw
July 8, 2014

Premium Lock Crowdfunding, patent troll bills still in queue at General Assembly

Great Seal of N.C. Entrepreneurs and businesses are still waiting for final action on what many see as key pieces of legislation in the General Assembly: Crowdfunding for new businesses and legislation to cut down on patent trolls.

July 3, 2014

Premium Lock Cybercrime ring uncovered in Brazil

Network security   A technology security company says it has uncovered a massive cybercrime ring in Brazil that may have stolen billions of dollars from a widely used online payment system.

Updated June 25, 2014

Premium Lock VC attorney: Aereo case will deter investors, not entrepreneurs

Technology startups aren't likely to be scared away from innovation due to Aereo's loss at the Supreme Court, but investors are going to "be more careful," says Jim Verdonik, a veteran attorney who works with venture capitals and startups. Is Uber the next startup headed for a crash?

A screenshot from Aereo A screenshot from Aereo

Updated June 25, 2014

Premium Lock Supreme Court: Aereo a cable company, not hardware provider

The broadcasters told the court, and the majority of the justices agreed, that Aereo's "competitors pay for the rights to retransmit 'live TV' to the public -- as they must to avoid liability for copyright infringement -- while Aereo does not."

Aereo's pitch  Aereo's pitch

June 25, 2014

Premium Lock Restrictions on employees' post-employment work in N.C.: The balancing of interests

Ward and Smith, P.A.   TechLaw: "Covenants not to compete," or "non-compete agreements," are gaining in popularity, but they are not without risks to employers.

Tags: TechLaw
June 23, 2014

Premium Lock Juror beware: Lawyers can check your social media pages

Social Media The American Bar Association says lawyers now have a green light to scan the social media sites of jurors, but warns against actively "following" or "friending" jurors or otherwise invading their private Internet areas.

June 11, 2014

Premium Lock EEOC weighs in on discrimination issues related to social media

Ward and Smith, P.A.   TechLaw: Many government agencies are focusing on how employers use information learned from employees' social media posts. The EEOC recently held an important meeting on social media and employment discrimination.

May 28, 2014

Premium Lock The pitfalls of personal guaranties

Ward and Smith, P.A.   TechLaw: An entrepreneur obtaining a commercial loan for a new business will often be required by the lender to sign a personal guaranty. It is very important to seek legal advice prior to signing one.

Updated May 14, 2014

Premium Lock The basics of responding to a civil subpoena

Ward and Smith, P.A.   Techlaw: Being served with a subpoena to testify in court or provide documents can be intimidating. It is important to comply with a subpoena while making sure you avail yourself of the protections provided by law.

Tags: TechLaw
April 30, 2014

Premium Lock Mitigating the risk of extending trade credit: Taking security from your delinquent customer

Ward and Smith, P.A.   TechLaw: Unless you operate a consumer retail business, you probably sell your goods and services to customers on credit. You may be asked to extend additional credit to a customer that is experiencing a cash-flow problem. If you are asked, what can you do to lessen the potential impact of your customer's failure or bankruptcy?

Tags: TechLaw
April 16, 2014

Premium Lock Biotech patent holders: I hate to say I told you so, but ...

Ward and Smith, P.A.   TechLaw: On March 4, 2014, the U.S. Patent and Trademark Office issued new guidelines to its Patent Examiners to assist them in determining which patent claims are not eligible for patenting. The guidelines create hurdles that patent applicants must overcome in their quest for patentable claims.

April 2, 2014

Premium Lock Changes to N.C. Limited Liability Company Act - Is it time to update your LLC's operating agreement?

Ward and Smith, P.A.   TechLaw: The North Carolina Limited Liability Company Act has been revamped with some important changes that may impact the current operating agreement of your LLC. It's important that you understand these new changes and determine whether any of them affect your LLC.

Tags: TechLaw
March 24, 2014

Premium Lock FCC looks to have E-Rate reforms done by fall

The Broadband Report       The Broadband Report: FCC Chairman Tom Wheeler said last week the commission will vote to modernize E-Rate by this fall as pressure mounts from elected officials and service providers to mayors and educators throughout the country.

March 5, 2014

Premium Lock 2013 dramatically altered landscape of US patent system ... so what's next in 2014?

Ward and Smith, P.A.   TechLaw: The year 2013 saw some of the most significant changes to the U.S. patent system in more than 60 years. Pending legislation and several cases to be heard by the United States Supreme Court could make 2014 another year of change.

Tags: TechLaw
Updated February 21, 2014

Premium Lock 'Patent trolls' have a new enemy: SAS software

SAS logo at its Cary headquarters  SAS now has a key role in a new federal initiative to stop patent trolls. SAS, which has a contract with, will convert 38 years of user documentation and technical papers into electronic form."Providing our information to will give patent examiners the ammunition they need to object to questionable patent applications," says Tim Wilson, SAS Senior Intellectual Property Counsel.

Tags: SAS, TechLaw
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The Skinny: A Blog by Rick Smith