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Re:Our Team Won Startup Weekend and All We Got Was a Shitty ... by dalke on Friday September 18, 2015 @02:20PM (#10241059)
No, the relevant copyright law does not accept a 'handshake deal' to transfer copyright ownership as work for hire. Quoting from http://www.copyright.gov/circs/circ09.pdf :

> A work created by an independent contractor can be a work made for hire only if (a) it falls within one of the nine categories of works listed in part 2 above and (b) there is a written agreement between parties specifying that the work is a work made for hire.

Re:Our Team Won Startup Weekend and All We Got Was a Shitty ... by nmrm2 on Friday September 18, 2015 @05:23PM (#10242139)
Is access to the biz dev IP probably included by a handshake deal?
Re:Our Team Won Startup Weekend and All We Got Was a Shitty ... by dalke on Friday September 18, 2015 @06:16PM (#10242368)
What sort of IP are you talking about? There's no trademark infringement, there's no patent. I didn't see mention of any trade secret, or anything that sounds like a trade secret (eg, "information which is difficult for others to properly acquire or independently duplicate").

If there's no law covering it, there's no IP.