PASSWORD MISERY!

Posted on Posted in Uncategorized

PASSWORD MISERY! Donald B. Johnston, Aird & Berlis LLP We all hate passwords. Anyone who says s/he doesn’t is fibbing. I had an experience last year, while at the International Bar Association conference in Washington, that renewed my hatred for passwords. The word “hatred” is inadequate to express how I actually feel about passwords – […]

HOW BLOCKCHAINS WILL CHANGE STOCKHOLDER DEMOCRACY

Posted on Posted in Blockchain Technology

Donald B. Johnston, Partner, Aird & Berlis LLP Gesundheit! Generally speaking, when Delaware sneezes, everybody else gets a cold. That’s because Delaware is the undisputed jurisdictional leader in corporate finance in the U.S., with well over a million companies incorporated in that state. Delaware sneezed big time on August 1, when the new Delaware Blockchain […]

Technical Verification

Posted on Posted in Technology Escrow

With source code escrow (SCE), a developer gives assurance to its licensee that business-critical software will be maintained by the developer or, if necessary by the licensee, using the source code and related materials the developer deposits (the Deposit Materials) with InnovaSafe. (We make the Deposit available upon a developer’s written instructions.) Because it is […]

Cloud Computing and the Need for Technology Escrow

Posted on Posted in Cloud Computing, Technology Escrow

SaaS subscribers may be unaware that they are in the path of the perfect storm. Today’s massive economic crisis has collided with the allure of new software delivery models, putting many businesses at risk. Delivery models like cloud computing and Software as a Service (SaaS) are here to stay. In fact, Gartner says the SaaS […]

“SaaS: should software and/or database escrow be a mandatory requirement when using a Software as a Service application?”

Posted on Posted in Technology Escrow

SaaS applications are becoming more and more common. With a SaaS solution, the software supplier hosts the software and stores client’s data on its web servers or leased servers. The requirement for a technology escrow agreement is important because the source code, object code and access to the client data are controlled by the software […]