Meyer and Yu to Speak at Meeting of the Licensing Executives SocietyJune 24, 2009
O'Melveny counsel Paul Meyer and George Yu will speak on Wednesday, June 24 at the Silicon Valley Chapter meeting of the Licensing Executives Society. Established in 1965, the Licensing Executives Society is a professional society comprised of over 6,000 members engaged in the transfer, use, development, manufacture, and marketing of intellectual property.
Meyer and Yu will discuss the topic "Settlement Agreements -- A Boon or Burden: How to Protect Your Company From Making Mistakes That Will Cost in the Long Run." The presentation will offer advice on best practices for negotiating and drafting settlement agreements in the context of on-going litigation, and provide examples of “pitfalls” for settlement agreements and suggestions on how to avoid them. For example, settlement agreements may include terms that cause a company to become an unattractive merger candidate, or, in an effort to conclude expensive and disruptive intellectual property litigation, a party may enter into a settlement agreement that resolves the current dispute, but does not satisfactorily address the party’s long-term strategic goals. The presentation will also address issues related to licensing schemes that are often part of settlement agreements.
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