Articles by anthony verna

How to value Trademarks?

How to value Trademarks? One stumbling block for many businesses is in valuing intellectual property. The stumbling block is important to consider because intellectual property takes time and money to register and enforce. Valuation is important to show on a company’s...

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Episode 15 – Games for Promotions and Daily Fantasy Sports

Episode 15 – Games for Promotions and Daily Fantasy Sports

The newest trend is daily fantasy sports.

Taking a step back, what makes a game used in promotion not gambling?  And what, then, makes a daily fantasy sports business model not gambling?

In order to use a game for promotion, the sponsor of the game must remove one of three key elements of the game:

  • Chance
  • Prize
  • Consideration

So, daily fantasy sports like Draft Kings and Fan Duel must be able to do that in order to run a non-gambling game.

But those games also must have a set of rules and must also be run fairly, with a level playing field.

Would you like to run a game in order to promote your business?  Call or send an e-mail.  914-358-6401 or anthony@vernalaw.com

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Episode 14 – The sale of 4chan and Internet Privacy

Episode 14 – The sale of 4chan and Internet Privacy

In Episode 14 of the “Law & Business” podcast, Anthony and Oz Sultan (Sultan Interactive Group LLC) talk about the sale of 4chan and how that intersects with Internet privacy.

Internet privacy is an oxymoron. Any website that is accessible for free means that there’s a product involved. (In this particular case, it is the services of Verna Law, P.C.) In many cases, if there is user-generated content, the content and the user are the products. Meaning that the website can only monetize by keeping track of the users and understanding the users’ behavior, and, ultimately, selling that information to other websites that need the same information.

Oz Sultan

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What is Copyright Infringement?

Copyright infringement is the unauthorized use of a work that qualifies under the Copyright Act for copyright protection.  Unauthorized use means that the permission of the copyright owner was not granted for the use. Copyright Infringement is the taking of rights...

Law & Business Podcast Episode 28: Raj Goel of Brainlink International, Inc., Talks About Operational Maturity in Business

In the "Law & Business" podcast, Episode 28, Raj Goel of Brainlink International talks about Operational Maturity in business. What is Operational Maturity and what are the levels of Operational Maturity (OML)?  The difference between the OMLs of businesses...

What is Prior Art?

We discuss the need to do a patent search to find prior art.  What is prior art that the patent search is supposed to find? Prior art does not need to exist physically or be commercially available. It is enough that someone, somewhere, sometime previously has...

Law & Business Podcast Episode 27: John Eastwood talks about IP and Manufacturing Issues in the Greater China Market

The special guest in Episode 27 of the "Law & Business" podcast is John Eastwood, a partner at Eiger Law in Taipei.  John and Anthony discuss the issues that many American businesses have when they start production of their products in the Greater China Market. As...