Spinout Document Toolkit
SetSquared Partnership’s Deal Readiness Toolkit, dubbed the “Spinout Bible,” now offers template subscription and shareholders agreements for university spinouts. The templates draw on UKVC/UKPC standards and embed tax‑advantaged provisions such as EIS and SEIS. Critics note the documents are unusually lengthy—over 25,000 words combined—potentially driving legal costs up to $62,500, compared with a leaner Irish model of about 8,000 words. Their practical value hinges on whether investors and universities will adopt them without extensive customization.
Property Rights in Bitcoin
A UK High Court case, Ping Fai Yuen v Fun Yung Li, pits Mr Yuen against his ex‑wife over roughly £160‑180 million (about $200‑$230 million) in Bitcoin and related crypto assets. The dispute spotlights the newly enacted Property (Digital Assets etc) Act 2025,...
Hurrah! CA Overrules High Court in Zaha Hadid Case
The Court of Appeal overturned the High Court’s ruling in Zaha Hadid Ltd v The Zaha Hadid Foundation, clarifying that IP licence agreements of indefinite duration can be terminated on reasonable notice. Sir Colin Birss C’s judgment aligned with earlier...
Employee Compensation Case Trundles On
The English High Court continues hearing Parsons v Convatec, an employee claim for patent‑related compensation under section 40 of the Patents Act 1977. The claimant seeks roughly £366 million, equivalent to 10‑15% of the product’s estimated sales. A recent ruling set a...