Virtual Legality

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As Microsoft and Xbox seemingly edge ever closer to a deal with one of gaming's real auteur creators, Hideo Kojima, one question has jumped to the fore.

Just what exactly is a Letter of Intent (LOI)?

Getting engaged is definitely not getting married, but you are certainly starting to plan the wedding...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/JNq-PbZZ5n8

#Xbox #Kojima #LOI

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SUPPORT THE CHANNEL

PATREON - https://www.patreon.com/VirtualLegality

STREAMLABS - https://streamlabs.com/richardhoeg

STORE - https://teespring.com/stores/hoeg-law-store

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Discussed in this episode:

"From Grubb's show: Microsoft and Hideo Kojima have signed a letter of intent..."

Tweet - July 1, 2021 - Nibel

https://twitter.com/Nibellion/status/1410648188843970562

"Hideo Kojima’s deal with Xbox reaches key milestone"

VentureBeat/GamesBeat - July 1, 2021

https://venturebeat.com/2021/07/01/hideo-kojimas-deal-with-xbox-reaches-key-milestone/

"I'm not begrudging Mr. [Jeff Grubb] any of his sources..."

Twitter Thread - July 1, 2021 - Hoeg Law and Jeff Grub

https://twitter.com/JeffGrubb/status/1410677660003356672

"Xbox and Kojima reportedly in talks for publishing deal"

Eurogamer - July 2, 2021

https://www.eurogamer.net/articles/2021-07-02-xbox-and-hideo-kojima-reportedly-in-talks-for-publishing-deal

"Letter of Intent Template – Example"

Corporate Finance Institute Webpage

https://corporatefinanceinstitute.com/resources/templates/word-templates-transactions/letter-of-intent-loi-template/

"A Lawyer Reads...A Game Publishing Agreement"

YouTube Playlist - Hoeg Law

https://www.youtube.com/playlist?list=PL1zDCgJzZUy_VayRrIvRSP64k6oOv9jLi

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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:

https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

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Twitter: @hoeglaw

Web: hoeglaw.com

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(0:00) Intro

(1:29) Letter of Intent

(3:35) Letter of Intent Summary

(4:43) Letter of Intent Examples

(5:47) Letter of Intent Definition

(7:41) Letter of Intent Example

(11:05) How to evaluate LOIs

(13:04) Outro

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It's episode 500 of Virtual Legality! Can you believe it? What better way to celebrate a milestone than by celebrating all the folks that helped bring it about?

And if we can talk a bit about a major acquisition of the developers behind one of my favorite games of the year? All the better.

"I would roll 500 shows, and I would roll 500 more"...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/f9PyuCTZv8E

#500 #Sony #Housemarque

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SUPPORT THE CHANNEL

PATREON - https://www.patreon.com/VirtualLegality

STREAMLABS - https://streamlabs.com/richardhoeg

STORE - https://teespring.com/stores/hoeg-law-store

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CHAPTERS

00:00 Introduction

1:00 Episode 500

16:54 Sony Buys Housemarque

39:07 Conclusion

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Discussed in this episode:

THANKS

https://easyallies.com/

https://twitter.com/TrailerJones

https://twitter.com/KyleBosman

https://mgoblog.com/

https://twitter.com/MichaelSpathITH

https://twitter.com/Futterish

https://www.youtube.com/channel/UCpa-Zb0ZcQjTCPP1Dx_1M8Q (Legal Eagle)

https://www.youtube.com/channel/UCGmglDvqKzQmiCoyN61YGjw (Uncivil Law)

https://twitter.com/leonardjfrench

https://www.youtube.com/channel/UCYiUhEbYWiuwRuWXzKZMBxQ (Iron Lords)

https://twitter.com/LordCognito

https://twitter.com/notaxation

(...and many more)

"Developers of classic PlayStation hits including Returnal, Super Stardust HD, and Dead Nation join PlayStation Studios"

PlayStation Blog - June 29, 2021

https://blog.playstation.com/2021/06/29/welcoming-housemarque-to-the-playstation-studios-family/#sf247184081

"Why PlayStation bought Returnal developer Housemarque: the inside story"

British GQ - June 29, 2021

https://www.gq-magazine.co.uk/culture/article/housemarque-sony-playstation-acquisition

"..so apparently PlayStation Japan uploaded the wrong image..."

Tweet - June 29, 2021 - Nibel

https://twitter.com/Nibellion/status/1409822833631502338

***

"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:

https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

***

Twitter: @hoeglaw

Web: hoeglaw.com

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(0:00) Introduction

(1:00) Episode 500

(16:54) Sony Buys Housemarque

(39:07) Conclusion

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(0:00) Introduction

(2:34) Avellone Tells His Side

(8:12) The Lawsuit - What is Libel?

(11:17) The First Amendment and Public Figures

(16:28) CA Elements of Libel (Jury Instructions)

(22:43) The Libel Counts (Opinions and Facts)

(39:25) CA and SLAPPs

(42:54) Conclusion

A unanimous Supreme Court recently took the NCAA to task for illegally restraining the rights of college athletes. But what's that got to do with Epic and Apple? Let's dive in.

College sports and antitrust technology lawsuits - the perfect recipe...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/smTT9h4jMsU

#Epic #Apple #Alston

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SUPPORT THE CHANNEL

PATREON - https://www.patreon.com/VirtualLegality

STREAMLABS - https://streamlabs.com/richardhoeg

STORE - https://teespring.com/stores/hoeg-law-store

***

Discussed in this episode:

"An Antitrust Epic"

YouTube Playlist - Hoeg Law

https://www.youtube.com/playlist?list=PL1zDCgJzZUy-lb7ReoUqL5_dTcM8ngmfV

"Apple's lawyers in its case against Epic just submitted a copy of this week's NCAA v Alston Supreme Court decision..."

Tweet - June 25, 2021 - Stephen Totilo

https://twitter.com/stephentotilo/status/1408507296330756101

"Understanding Alston: The Slow-Motion Suicide of the NCAA (VL493)"

YouTube Video - June 21, 2021 - Hoeg Law

https://youtu.be/AAdEPI0Yjxc

Alston vs The NCAA

Decided June 21, 2021

https://www.supremecourt.gov/opinions/20pdf/20-512_gfbh.pdf

"Trusts, etc., in restraint of trade illegal; penalty"

15 USC 1 (Sherman Act Section 1)

https://www.law.cornell.edu/uscode/text/15/1

***

"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:

https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

***

Twitter: @hoeglaw

Web: hoeglaw.com