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NFTs & Copyright Law


What is an NFT, and how does copyright law come into play? The term NFT stands for “non-fungible token”. A Bitcoin is a fungible token, just like dollars are fungible. One Bitcoin is the same as another, exactly as one U.S. dollar is equal to any other U.S. dollar. Unlike Bitcoins or dollars, each NFT is unique. An NFT is a digital certificate of ownership. It’s simply a way of stating, and verifying, who is the owner of any digital asset, such as a piece of art. The reason anyone cares about NFTs is that they make it easy for…

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Congress Passes New Trademark Law – The Trademark Modernization Act of 2020


The Consolidated Appropriations Act, also known as the coronavirus relief or stimulus, is a massive package of new federal laws that were passed by Congress and signed by the President on December 27, 2020. Included in the Act is a substantial update to U.S. trademark law, the “Trademark Modernization Act of 2020” or the “TM Act of 2020”. It’s a trademark law so nice, they named it twice. The TM Act of 2020 does a few things. It provides opportunities, short of a costly litigation process, to attack false trademark applications and registrations for marks that are not actually being…

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What Is A Contract For?


Let’s say you’ve discussed a potential business opportunity and you’ve come to an agreement on the basic terms with the party on the other side. The basics may include who has to deliver what goods or services, where, when, and how the receiving party is going to pay for it. Now that you’ve gone through the ups and downs of the negotiation process, you’re both eager to get started. Maybe you have the basic deal points recorded in an email or a term sheet that the parties have signed. Why bother with a full-scale contract? Why go through the time…

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Year-End Legal Checklist


As another year comes to an end, there are always business law matters that demand your attention. The to-do list will vary based on the needs of your specific business, but here are some items that tend to apply to most businesses as the calendar turns over to a new year. And of course, we’re here to help with any of these matters. Annual Compliance If you’ve registered to do business as a legal business entity, such as an LLC, a corporation, a Limited Partnership, or a nonprofit organization, be sure to review your annual compliance obligations. Many business types…

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