DePaul law students Jeff Moisan and Eric Langston competed with 12 teams, advancing to the semi-finals, in the fourth annual East Regional IP LawMeet held at the University of Pennsylvania on October 17.
In this regional transactional law competition, the students represented a hypothetical movie studio seeking to secure the necessary rights to produce, market and distribute a movie based on the story and characters of a video game owned by a gaming company. The team was judged on its ability to draft, mark-up and negotiate, as well as its knowledge of contract, corporate and IP law. Teams also were evaluated based on their business knowledge and ability to structure innovative or creative solutions.
The 2014 IP LawMeet was sponsored by Bloomberg BNA, Practical Law and Rembrandt IP Management. LawMeets was founded in 2011 by Drexel University School of Law professor Karl Okamoto as a way to deliver practical skills and exercises to law students interested in transactional law.