Shortly I will be adding asset safeguarding materials to the audit committee guide. And I will be posting some of those links to this blog. You very seldom (if ever) hear or read about asset protection in the context of board responsibilities. In that context, however, very most likely it is the audit committee that would address that oversight, and definitely at least certain aspects of asset protection and safeguarding fall under internal controls and COSO 2013. The following, below, is a link that you can click for an article about defensive IP strategy that I was reading last night,
https://techcrunch.com/2016/08/17/why-startups-need-a-defensive-ip-strategy/
Best, Dave Tate, Esq., San Francisco and California
A blog discussing the law, D&O, governance, liability and other aspects of public and private businesses, not for profit organizations, and governmental entities – see additional detail below - note: sometimes I post information just to pass it along on these topics (not an endorsement), and sometimes I provide only brief comments or no comments, not a more full discussion. 