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  • Subject: Re: Escrow Services for Source code
  • From: Leo Lefebvre <leo@xxxxxxxxx>
  • Date: Wed, 17 Feb 1999 15:47:26 -0500
  • CC: MIDRANGE-L@xxxxxxxxxxxx
  • Organization: Toronto Users Group for Midrange Systems

Thanks for the information, Patrick. I did visit Fort Knox web site (and 
other). I
must say, this was my first experience in that field and my eyes were opened.

I am a bit concerned when you're saying:


> Since the distribution of source code is not a transfer of assets but a 
>license, it
> is not affected by receivership, etc.

So, the source code IS THE ASSET, therefore can be seized by the receiver, 
making it
more difficult to 'legally' obtain a copy of it! Specially if an "ownership 
title" or
"formal legal access" was never "purchased" by the licensee!


Escrowing is another form of insurance policy!
Does anybody knows about a company that had to go through that process when the
software developer went 'belly-up"?  How was the experience?



--

Leo Lefebvre
leo@tug.on.ca
Toronto Users Group for Midrange Systems
Visit our home page at <http://www.tug.on.ca>
Ph: (416) 606-5960   ---   Fx: (416) 495-0100


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