United States:
Schuck Discusses IP Revenue Division In Divorce With Bloomberg Law
23 October 2020
Pryor Cashman LLP
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Partner and Family Law Group co-chair Donald Lockhart Schuck
discussed the intersection of family law and intellectual property
with Bloomberg Law. Federal trademark and copyright
laws supersede divorce laws, which can vary state by state.
However, prenuptial agreements may override both. As it relates to
the divorce proceedings between Nicole Young and Andre Young, a
multimillionaire rapper and business mogul better known as Dr. Dre,
Schuck tells Bloomberg Law:
"[I]n general, intellectual
property can create situations "where you can have a colossal
mess on your hands."
"Anyone who's getting
married or going through a divorce has to be thinking 'I've
got five manuscripts or five marks, they have value,' and it
would be remiss for people to overlook them," he said.
"When people are getting married, you have to realize these
things have value. Everything has a value, whether it's your
name or your sneakers."
Read the full article titled "Dre's Name Tied Up in Messy Divorce, Along
With Fortune" on Bloomberg
Law's website.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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