Guard-IT Wins Legal Challenge of Source Code Escrow Agreement
AUSTIN, Texas , April 11, 2024 /PRNewswire-PRWeb/ -- Guard-IT Corporation (www.guard-it.com), a leader in source code escrow and intellectual property escrow services, has won an international arbitration award supporting the protection of its client's software source code.
- In its first legal challenge in 25 years of doing business, Guard-IT wins an international arbitration decision supporting the escrow agent's protection of its client's source code and intellectual property.
- AUSTIN, Texas , April 11, 2024 /PRNewswire-PRWeb/ -- Guard-IT Corporation ( www.guard-it.com ), a leader in source code escrow and intellectual property escrow services, has won an international arbitration award supporting the protection of its client's software source code.
- This should bring a lot of proper attention to the escrow industry and the critical need for software and intellectual property escrow services.
- Guard-IT routed the notices and objections and advised the parties of the dispute, maintaining its possession of the source code.