Now more than ever, technology is influencing the way we do business, communicate, move through and around the world, access and manage our homes, receive and administer healthcare, make purchases, secure information, and protect our most valuable property. Morrison Foerster keeps pace with this rapidly evolving landscape across our internationally recognized corporate, finance, intellectual property, and litigation practices. MoFo Tech brings together our insights relating to fields such as blockchain and distributed ledger, cloud and as-a-service technologies, driverless cars, drones, fintech, computer hardware and software, the Internet of Things, semiconductors, and telecommunications. The MoFo Tech blog offers real-time, in-depth analyses of the trends and complex issues shaping the global technology industry.<h2>ABOUT MORRISON FOERSTER</h2>Morrison Foerster is a leading global law firm that transforms complexity into advantage for its clients. Our clients include some of the largest financial institutions, banks, consulting and accounting firms, and Fortune 100, technology, and life sciences companies. Highlighting the firm’s commitment to client service, leadership in market-changing deals and impact litigation, and values-based culture, Morrison Foerster has been repeatedly recognized as one of the top 10 firms on The American Lawyer’s A-List. Year after year, the firm receives significant recognition from Chambers and The Legal 500 across their various guides, including Global, USA, Asia‑Pacific, Europe, UK, Latin America, and FinTech Legal. Our lawyers passionately care about delivering legal excellence while living our values. Morrison Foerster has a long-standing commitment to creating a culture that respects and celebrates differences, while providing an inclusive environment. The firm has achieved Mansfield Certification Plus since 2018 as a result of successfully reaching at least 30 percent women, communities of color, and LGBTQ+ lawyer representation in a notable number of current leadership roles and committees. The firm also has a long history of commitment to the community and society through providing pro bono legal services, including litigating for civil rights and civil liberties, improving public education and fostering the wellbeing of children, advocating for veterans, promoting international human rights, enforcing the right to asylum, and safeguarding the environment.

Social

Search

testimage.jpg

MoFo Tech

Scott Llewellyn’s practice focuses on complex litigation in federal and state courts around the country, with an emphasis on patent and trade secret disputes. Over the past decade, he has worked on some of the most significant, high–profile IP cases involving technology for televisions, smartphones, and self–driving cars, relying on 40 years of experience with computer hardware and software. Scott also has significant experience with business divorce cases before courts and arbitrators, involving a mix of trade secret, patent, tort, and contract claims relating to technology development and implementation.Scott also has successfully tried general commercial arbitration and agency matters, briefed and argued various appeals in federal appellate court, and tried more than 20 cases for the Denver City Attorney’s office, most of them jury trials.Scott also has an active pro bono practice, having worked on a variety of criminal and immigration appeals, and having represented Colorado criminal defense and mental health organizations in high–profile suits against the state of Colorado for violations of the constitutional rights of defendants.At MoFo, Scott serves on the board of the Morrison & Foerster Foundation. In the broader legal community, he serves on the boards of the Colorado Lawyers Committee and Drop in the Bucket (a charity that builds wells and sanitation systems in sub–Saharan Africa).After law school, Scott clerked for the Honorable Clarence A. Brimmer, District of Wyoming, and the Honorable Diarmuid F. O’Scannlain, Ninth Circuit. He was also previously an adjunct professor at the Georgetown University Law Center.

llewellyn_scott_blog_150x150.png

llewellyn_scott_common_640x280.jpg

llewellyn_scott_heroretina_2700x1160.jpg

llewellyn_scott_mobileretina_750x1040.jpg

llewellyn_scott_social_600x600.jpg

Partner

Scott Llewellyn’s practice involves complex litigation before state and federal courts around the country, with an emphasis on patent and trade secret disputes for high-tech companies, to which he brings more than 35 years of experience with computer hardware and software, in particular relating to the processing and transmission of audio, video, voice, and other types of data. Mr. Llewellyn has also tried commercial arbitration and agency matters; briefed and argued various appeals in federal appellate court; and tried more than 20 cases for the Denver city attorney’s office, most of them jury trials.

Scott F. Llewellyn

favicon.ico

favicon-16x16.png

favicon-32x32.png

apple-touch-icon.png

MoFo Favicons

MoFo Tech brings together legal insights and in-depth analyses on trends and complex issues shaping the global technology industry, covering fields such as blockchain and distributed ledger, cloud and SaaS technologies, driverless cars, drones, FinTech, computer hardware and software, the IoT, semiconductors, and telecommunications.

Mofo Tech testimage

Announcements

Welcome to the MoFo Tech Blog

Blog - Blog Disclaimer

Blog - Terms of Use

Blog - Privacy Policy

Blog - Attorney Advertising

morrison-foerster-blog-logo.png

Provides insights and reports on the most current class actions lawsuits and product liability issues that affect consumer-facing companies.

Class Dismissed Blog

Class Dismissed

In-depth analysis of developments and trends impacting government contracting.

Government Contract Insights Blog

Government Contract Insights

Government Contracts Insights Blog

Govcon

News and thought leadership from lawyers who are adding value to the legal profession and the communities we call home.

  External-Link

MoFo + Blog

MoFo+ Together

MoFo Tech brings together legal insights and in-depth analyses on trends and complex issues shaping the global technology industry, covering fields such as blockchain and distributed ledger, cloud and SaaS technologies, driverless cars, drones, FinTech, computer hardware and software, the IoT, semiconductors, and telecommunications.

MoFo Tech

  Linkedin

MoFo LinkedIN

MoFo Tech Blog - RSS

Stay Connected

At the Intersection of Technology, Law, and Business

At the Intersection of Technology, Law, and Business

Morrison Foerster - Footer

Blogs -  Home Button

Home

Blog - Topics

Telecommunications

Artificial Intelligence

Asia

Blockchain

Cloud Services + SaaS

European Union

Financings

Fintech

Hardware

Intellectual Property

Internet of Things

Litigation

Mergers + Acquisitions

Privacy + Data Security

Regulatory

Software

Tech Talks

Topics

Blog - Editors

Editors

Blog - About

About

Blog - Subscribe

Subscribe

More

Current State of the AI VC Financing Market

MoFo Tech Law Summit – Tech and Antitrust: Policy Shifts in the Second Trump Administration

MoFo Tech Law Summit – Responsible Tech: Policy Becomes Practice

AI Dynamics: Regulatory Landscape and Industry Insights

Introducing the MoFo Tech Law Summit – Innovation Under Regulation

LinkedIN

Dario de Martino authored the chapter, "<a href="https://www.globallegalinsights.com/practice-areas/blockchain-laws-and-regulations/14-blockchain-manda-the-next-link-in-the-chain" target="_blank">Blockchain M&A: The next link in the chain</a>," in GLI's Blockchain & Cryptocurrency Regulation guide for 2021.In this chapter, Dario discusses how blockchain market participants have remained steadfast and are continuing to ride the wave of M&A, despite having experienced the “crypto winter” and being in the middle of a rare combination of public health, political, social, and economic uncertainties plaguing the global business landscape.

mofo-tech-blog-image-5.jpg

Blockchain M&A: The Next Link in the Chain

Understanding Blockchain - Blockchain and Securities Law - Part 4

mofo-tech-blog-image-5

Dario de Martino authored the chapter, "Blockchain M&A: The next link in the chain," in GLI's Blockchain & Cryptocurrency Regulation guide for 2021.
In this cha

Blockchain M&A: The Next Link in the Chain

<p style="background-color: transparent;box-sizing: border-box;color: rgb(33, 37, 41);font-size: 16px;font-variant-numeric: normal;font-variant-east-asian: normal;line-height: 26.4px;margin-bottom: 16px;margin-top: 0px;">In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss cryptocurrencies, if they are commodities, and if it is possible they're also securities. <p style="background-color: transparent;box-sizing: border-box;color: rgb(33, 37, 41);font-size: 16px;font-variant-numeric: normal;font-variant-east-asian: normal;line-height: 26.4px;margin-bottom: 16px;margin-top: 0px;">This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use it to share, store, and record valuable data through a secure, immutable network.<p style="background-color: transparent;box-sizing: border-box;color: rgb(33, 37, 41);font-size: 16px;font-variant-numeric: normal;font-variant-east-asian: normal;line-height: 26.4px;margin-bottom: 16px;margin-top: 0px;">Watch our video <a href="https://www.mofo.com/resources/video-audio/200915-blockchain-securities-law-part-7.html">here</a>.

mofo-tech-blog-image-4.jpg

Understanding Blockchain - Blockchain and Securities Law - Part 7

Understanding Blockchain - Blockchain and Securities Law - Part 3

mofo-tech-blog-image-4

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss cryptocurrencies, if they are commodities, a

Understanding Blockchain - Blockchain and Securities Law - Part 7

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss the limits on the transferability of cryptocurrencies.This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use it to share, store, and record valuable data through a secure, immutable network.Watch our video <a href="https://www.mofo.com/resources/video-audio/200908-blockchain-securities-law.html">here</a>.

Understanding Blockchain - Blockchain and Securities Law - Part 6

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss the limits on the transferability of cryptoc

Understanding Blockchain - Blockchain and Securities Law - Part 6

<p style="background-color: transparent;box-sizing: border-box;color: rgb(33, 37, 41);font-size: 16px;font-variant-numeric: normal;font-variant-east-asian: normal;line-height: 26.4px;margin-bottom: 16px;margin-top: 0px;">In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss how to determine whether "utility tokens" are securities or not. <p style="background-color: transparent;box-sizing: border-box;color: rgb(33, 37, 41);font-size: 16px;font-variant-numeric: normal;font-variant-east-asian: normal;line-height: 26.4px;margin-bottom: 16px;margin-top: 0px;">This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use it to share, store, and record valuable data through a secure, immutable network.<p style="background-color: transparent;box-sizing: border-box;color: rgb(33, 37, 41);font-size: 16px;font-variant-numeric: normal;font-variant-east-asian: normal;line-height: 26.4px;margin-bottom: 16px;margin-top: 0px;">Watch our video <a href="https://www.mofo.com/resources/video-audio/200831-blockchain-securities-law.html">here</a>.

Understanding Blockchain - Blockchain and Securities Law - Part 5

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss how to determine whether "utility tokens" ar

Understanding Blockchain - Blockchain and Securities Law - Part 5

A recent federal district court ruling in a criminal anti-money laundering case suggests that the transmission of virtual currency on behalf of another person requires a state money transmission license — even if the state’s money transmission law does not expressly address the regulation of virtual currency. This interpretation has the potential to significantly disrupt current compliance approaches taken by some organizations engaging in virtual currency activity, and could make a challenging regulatory landscape even tougher to navigate.  Read our <a href="https://protect-us.mimecast.com/s/qJLICOY5LGhyGrgOikx6Pd?domain=www2.mofo.com">client alert.</a>

01-mofo-tech-blog-blockchain.jpg

Bitcoin Is “Money” for Purposes of D.C. Money Transmission Law, Says Federal Court

Do You Want to Launch an ICO? Please, Listen to the SEC

01_12_mofotechblog_600x295_blockchain01.jpg

876844722

A recent federal district court ruling in a criminal anti-money laundering case suggests that the transmission of virtual currency on behalf of another person r

Bitcoin Is “Money” for Purposes of D.C. Money Transmission Law, Says Federal Court

On June 24, 2020, the New York State Department of Financial Services (“NYDFS”) announced a series of initiatives designed to provide further guidance and resources for businesses operating in, and potential new entrants into, the virtual currency industry. The initiatives represent the first major update to NYDFS’ “BitLicense” – the regulatory regime set up in 2015 that governs virtual currency activity involving New York residents and companies, including a proposed conditional licensing framework intended to authorize entities without a BitLicense to engage in virtual currency business in New York under a conditional license. Read our <a href="https://protect-us.mimecast.com/s/Br5FCjRO5BiE41JjcRgzWU?domain=www2.mofo.com">client alert.</a> A special thanks to Amani Carter for her contributions to this client alert.

Anzu Special Acquisition Corp I's Merger with Envoy Medical Corporation

TEAM Services Group's Multiple Acquisitions

McKinsey & Company's Multiple Acquisitions

Antarctica Capital's Acquisition of Descartes Labs

Special New Fruit Licensing's Combination with International Fruit Genetics

MGG Investment Group LP's Sale of Figo Pet Insurance to JAB Holdings Company

Sky Harbour's Business Combination Agreement with Yellowstone Acquisition Company

Axalta Coating Systems' Acquisition of U-POL Holdings Limited

Cornerstone Capital Group's Merger with Pathstone

Verdane Capital Advisors and Confirmit AS's Merger with FocusVision Worldwide

Rakuten Medical's Acquisition from Li-Cor and a Convertible Note Financing

MGG Investment Group's Minority Investment into a U.S. Insurance Brokerage

Pivotal Investment Corporation II's Merger with XL Fleet

Paine Schwartz Partners' Sale of FoodChain ID to Berkshire Partners

FoodChain ID's Acquisition of Nutraveris SAS

Fidelio Capital AB's Acquisition of Veterinary Orthopedic Implants

Western International Securities' Acquisition by Atria Wealth Solutions

Virgo Investment Group's Sale of Portfolio to Nautilus Solar Energy

Wacoal International Corporation's Acquisition of LIVELY

Rakuten Medical's Series D Financing

Sky Harbour's Series B Financing

MGG Investment Group LP's Investment into Figo Pet Insurance

Happiness Capital Limited's Investment into TruTag Technologies

Anzu Special Acquisition Corp I's Forward Purchase Agreements

Sky Harbour's Private Activity Tax-exempt Senior Bonds

nisson_lee_blog_150x150.png

nisson_lee_common_640x280.jpg

nisson_lee_heroretina_2700x1160.jpg

nisson_lee_mobileretina_750x1040.jpg

nisson_lee_social_600x600.jpg

Associate

Lee Nisson is an associate in the firm’s Transactions Department.

Lee Adam Nisson

Lee Nisson

Summer of Crypto – NYDFS Announces New Initiatives and Regulatory Proposals for Conditional BitLicense and Virtual Currency Regulation

On June 24, 2020, the New York State Department of Financial Services (“NYDFS”) announced a series of initiatives designed to provide further guidance and resou

Summer of Crypto – NYDFS Announces New Initiatives and Regulatory Proposals for Conditional BitLicense and Virtual Currency Regulation

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss if securities laws apply to all cryptocurrencies in the same way.This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use it to share, store, and record valuable data through a secure, immutable network.Watch our video <a href="https://www.mofo.com/resources/video-audio/200519-blockchain-securities-law-part-4.html">here</a>.

Understanding Blockchain - Blockchain and Securities Law - Part 4

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss if securities laws apply to all cryptocurren

<p style="background-color: transparent;box-sizing: border-box;color: rgb(33, 37, 41);font-size: 16px;font-variant-numeric: normal;font-variant-east-asian: normal;line-height: 26.4px;margin-bottom: 16px;margin-top: 0px;">In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss how securities laws apply to cryptocurrencies. <p style="background-color: transparent;box-sizing: border-box;color: rgb(33, 37, 41);font-size: 16px;font-variant-numeric: normal;font-variant-east-asian: normal;line-height: 26.4px;margin-bottom: 16px;margin-top: 0px;">This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use it to share, store, and record valuable data through a secure, immutable network.<p style="background-color: transparent;box-sizing: border-box;color: rgb(33, 37, 41);font-size: 16px;font-variant-numeric: normal;font-variant-east-asian: normal;line-height: 26.4px;margin-bottom: 16px;margin-top: 0px;">Watch our video <a href="https://www.mofo.com/resources/video-audio/200519-blockchain-securities-law-part-3.html">here</a>.

Understanding Blockchain - Blockchain and Securities Law - Part 3

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss how securities laws apply to cryptocurrencie

On March 24, 2020, the Commodity Futures Trading Commission (“CFTC”) issued its final interpretive guidance (the “Interpretation”) concerning the meaning of “actual delivery” in the context of retail commodity transactions involving “virtual currencies.” The Interpretation provides that, in the CFTC’s view, actual delivery of retail commodity transactions in virtual currency has occurred where, within 28 days, (1) a customer has possession and control of the full amount of virtual currency and is able to use it freely and (2) the offeror and counterparty seller do not retain any interest in, legal right or control over the virtual currency. Building on other guidance concerning what constitutes “actual delivery” in the context of retail commodity transactions, the Interpretation provides greater certainty regarding whether retail virtual currency transactions are exempt from CFTC regulation. Read our <a href="https://www.mofo.com/resources/insights/200327-cftc-virtual-currencies.html?=123">client alert.</a>

mofotechblog-financings-600x295-chart.jpg

CFTC Issues Final "Actual Delivery" Interpretation for Virtual Currencies

UK Regulations: Urgent Action Required from Loan-Based Crowdfunding Platforms

mofotechblog-financings-600x295-bar-chart.jpg

673266772

On March 24, 2020, the Commodity Futures Trading Commission (“CFTC”) issued its final interpretive guidance (the “Interpretation”) concerning the meaning of “ac

CFTC Issues Final "Actual Delivery" Interpretation for Virtual Currencies

The New ABC's: Artificial Intelligence, Blockchain and How Each Complements the OtherBSA/AML compliance programs in the United States are often associated with high costs and inefficiencies. At the core of the problem is the lack of standardization across institutions and BSA/AML compliance processes such as know your customer (KYC), customer due diligence/enhanced due diligence, and transaction monitoring and alerting. This has resulted in burdensome compliance costs for financial institutions and has also created tense relationships between such institutions and their customers. Artificial Intelligence (AI) and blockchain could help financial institutions tackle this fragmented compliance landscape by making BSA/AML compliance more efficient. The machine-driven processes of AI, combined with the inherently secure and collaborative properties of blockchain, can facilitate a windfall in cost reduction while optimizing regulatory compliance. It is therefore incumbent upon legislators, regulators, developers and the general public alike to understand the potential in combining these two promising technologies into novel enterprise-ready solutions for BSA/AML compliance. Read our <a href="https://protect-us.mimecast.com/s/2o-9CjRO5BiXArqJsRr_rI?domain=www2.mofo.com">client alert.</a>

galeazzi_marc-alain_blog_150x150.png

galeazzi_marc-alain_common_640x280.jpg

galeazzi_marc-alain_heroretina_2700x1160.jpg

galeazzi_marc-alain_mobileretina_750x1040.jpg

galeazzi_marc-alain_social_600x600.jpg

Marc–Alain’s practice focuses on advising and counseling global banks, financial holding companies, bank holding companies, and other financial institutions on a variety of bank regulatory, Bank Secre

Marc-Alain Galeazzi

common-default.jpg

Senior Counsel

Vivian is chair of Morrison Foerster’s Sourcing practice. Vivian has concentrated her practice on domestic and multijurisdictional transactions involving technology and intellectual property (IP) fo

Vivian L. Hanson

Vivian is chair of Morrison & Foerster’s Sourcing practice. Vivian has concentrated her practice on domestic and multijurisdictional transactions involving technology and intellectual property (IP) for clients in the media and entertainment, information services, information technologies (IT), financial services, and life sciences industries.

Vivian Hanson

mofotechblog-blockchain-600x295-cube.jpg

Compliance for a Digital World: BSA/AML

A Rush to Patent the Blockchain Is a Sign of the Technology’s Promise

871491470

The New ABC's: Artificial Intelligence, Blockchain and How Each Complements the Other
BSA/AML compliance programs in the United States are often associated with