Question $1$:

$1.$ Friendster has obtained a number of social networking patents$$ potentially asserting against other social networking sites such as Facebook and MySpace. You are corporate counsel at one of these two companies and you expect you may eventually be sued by Friendster.

In addition to contesting the validity or enforceability of the Friendster patents, what are some of your other options?$$

Question $2$:

$2.$ The CEO of a small, but promising, start$-$up company is in need of an experienced engineer to head up a key aspect of the business, and has selected Sam as a leading candidate. If hired, Sam would not only have access to the proprietary technology already providing a significant advantage in the market, but would be tasked with developing additional proprietary information and software.

Sam is currently an employee of XYZ Corp., a competitor of the start$-$up$.$ What potential problems with hiring Sam might the CEO want to consider? What steps could the CEO take to address these problems?$$

Question $3$:

$3.$ Read about the Gramm$$Leach$$Bliley Act $($GLBA$).$ Discuss the impact of the GLBA on the financial services industry

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