As large financial institutions partner with Fintech start-ups to test blockchain technology, it is no surprise that governments are also experimenting with blockchain to see any potential savings in transaction costs when clearing and settling payments. Recently, the national governments of Canada and the United Kingdom tested the technology. The Central Bank of Canada conducted a trial in conjunction with the New York based start-up R3 CEV, whereby … Read More
Effective Jan. 14, 2017, the U.S. Patent and Trademark Office (USPTO) will be revising its fee schedule. The upcoming changes are set forth in full in this final rule and summarized in this USPTO publication. Most fees will increase, as the USPTO attempts to “align fees with full costs.” At the same time, the changes aim to make electronic filing … Read More
This article discusses how original dance choreography can be protected from imitation, so that choreographers can protect and profit from their creativity and hard work. Prior to the Copyright Act of 1976 (the “Act”), a choreographer’s right to his or her work was uncertain. Since the enactment of the Act, “choreographic works” have been expressly included among the categories of … Read More
When we’re sitting on the couch at home watching TV, it’s easy to forget how much effort and resources went into creating that content. In most circumstances, film production entails a significant investment on the part of the filmmakers and their financiers. These funds, in turn, create jobs and generate revenue. Many state governments have realized the impact that film … Read More
The previous post of this segment explained possible avenues for extracting monetary value from creative content. Ted Reilly also gave his take on why he views creative content as an emerging alternative asset class.
In the first post of this series, we introduced the program Art and the Art of Raising Money: Funding Film, which Ziliak Law cosponsored in June. The first post focused on equity versus non-equity funding sources for films.
On June 8th, Ziliak Law’s Elaine Wyder-Harshman moderated a panel of three film and financial industry professionals, focusing on the ins and outs of film funding. The event took place at Chicagoland creative industries incubator, 2112.
Illinois intrastate crowdfunding is coming soon, offering new fundraising and investment opportunities to Illinois businesses and Illinois investors. Enacted in 2012, Illinois intrastate crowdfunding is just weeks from implementation. The final proposed set of rules, governing internet crowdfunding portals, was issued on Friday, March 18, 2016. The Illinois Secretary of State will be taking applications for registration as an internet … Read More
In this blog for Ms. Tech, Ziliak law Associate Alexander Konetzki suggests how startups and business owners can avoid the “my client didn’t pay me” issue.