Kleinbard advises technology companies on the critical legal and business issues they face in the midst of sweeping technological change. We regularly represent clients in transactions and disputes relating to the procurement, sale, development, and protection of their products and services. Our attorneys also advise established companies wanting to develop new ways of doing business, as well as national and regional companies seeking to procure new information, healthcare, and communications technology products and services.
Our services to technology clients include the following areas:
- Acquisitions and dispositions;
- Joint ventures and strategic alliances;
- Private equity;
- Employee assignment agreements;
- Nondisclosure and confidentiality agreements;
- Source code escrow and license agreements;
- Supplier/distributor, trademark, and other technology-related disputes; and
- Software license agreements, including perpetual software licensing and service fee arrangements).
Examples of our attorneys’ recent successes for our technology clients include:
- Representing an options trading firm in connection with the acquisition of an options trading software package.
- Representing a developer of electronic medical record technology for use in the Pacific Rim.
- Representing a developer of a proprietary software used in the logistics field in connection with several development and license agreements with large national retail chains.
- Representing a provider of real-time Internet broadcasts of live events in a content license agreement with The Philadelphia Orchestra.
- Representing an IT authentication consulting firm in its sale of business to the consulting division of a “Big Four” accounting firm for approximately $15 million.
- Representing Wireless Philadelphia, a nonprofit corporation established by the City of Philadelphia, in connection with its city-wide WiFi network build-out agreements with Earthlink.
- Representing an investor in the purchase of convertible preferred equity in a company providing battlefield wound care technology to the military branches.
- Representing an IT company in successfully resolving a dispute with its joint venture partner, avoiding expensive and potentially distracting litigation.
- Representing a designer of customized computer software in connection with a multi-million dollar negligent design claim by a national health insurer.