This article posted on our partner site Mondaq.com discusses recent legal developments that have taken place with the advancement of Virtual Reality (VR). The authors discuss the considerations that users, service providers, and platforms of VR should remember in relation to intellectual property rights, such as trademarks and copyrights. For instance, the authors note that, unlike trademark law, any reproduction of another’s property in a virtual experience, regardless of any commercial aspect to that reproduction, will likely constitute a copyright infringement in real life. These legal issues should be addressed in VR users’, service providers’, and platforms’ agreements. For contract negotiators who are concerned about acquisition, protection or potential infringement of company of intellectual property, this is an interesting read.
– – – This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk. Clausehound.com is a legal tool geared towards entrepreneurs, early-stage businesses and small businesses alike to help draft legal documents to make businesses more productive. Clausehound offers a $10 per month DIY Legal Library which hosts tens of thousands of legal clauses, contracts, articles, lawyer commentaries and instructional videos. Find Clausehound.com where you see this logo.
About Mondaq: Clausehound users will need to log into Mondaq.com upon arrival. For over 20 years, Mondaq has been creating one of the world’s most comprehensive online resources of professionals’ expertise and knowledge. Their content is provided by professionals in over 70 countries and covers a broad range of information related to legal, financial and regulatory topics. Clausehound subscribers will be able to utilize Mondaq resources, intersected directly where relevant, within Clausehound’s knowledge library.
About Clausehound: Clausehound.com is a legal tool geared towards entrepreneurs, early-stage businesses and small businesses alike to help draft legal documents to make businesses more productive. Clausehound’s $10 per month DIY Legal Library hosts tens of thousands of legal clauses, contracts, articles, lawyer commentary and instructional videos. Clausehound offers additional services such as a $90 Starter Kit for entrepreneurs that includes the first 12 agreements a business requires to launch, Drafting Playbooks to walk entrepreneur through the legal drafting process, and on-demand and discounted review by local lawyers.