When trade secrets and other intellectual property disputes arise involving federal government contractors, defendants often assert that the alleged trade secret or intellectual property belongs to the government as part of their defense. Indeed, much can be made in civil litigation about the legal impact of the contractor’s creation of an alleged trade secret for and its delivery of the alleged trade secret to the government. The Federal Acquisition Regulations (FAR) and the Defense […]

Non-Fungible Tokens, known as NFTs, recently made headlines with sales of individual tokens valued at millions of dollars, comparable to sales of fine art. Christie’s– a “conventional” auction house – sold its first NFT, the piece “Everydays: The First 5,000 Days” by the artist Beeple – for a staggering $69 million.1 Most NFTs sell from merchants without such established reputations. Traders should understand the value of intellectual property, or lack thereof, tied to NFTs.
How NFTs […]