Mr Wai Choy > Proskauer Rose LLP > New York, United States > Lawyer Profile

Proskauer Rose LLP Offices

Proskauer Rose LLP
11 TIMES SQUARE
NEW YORK, NEW YORK 10036-8299
NEW YORK
United States
Visit website 1 212 969 3000 1 212 969 2900

Mr Wai Choy

Wai Choy photo
(212) 969-3118 wchoy@proskauer.com

Work Department

Technology, Media & Telecommunications

Position

Wai Choy has deep expertise in technology, media and intellectual property-related transactions and counseling and is a partner in Proskauer’s Corporate Department, Technology, Media & Telecommunications (TMT) Group, and Blockchain & Digital Assets Group. He is recognized as a trusted advisor to asset managers, operating companies and other enterprises at various stages in their development and across industries, including technology, technology-enabled services, media, entertainment, financial services, e-commerce, sports and healthcare.

In the context of private equity, venture capital, mergers, acquisitions and financings, Wai:

  • Structures and negotiates key transaction documents, such as purchase, merger, transition services and intellectual property license agreements;
  • Leads teams in conducting legal due diligence and provides industry-specific market insights;
  • Advises clients on technology, intellectual property, privacy and data security matters; and
  • Represents portfolio companies pre-sale or post-acquisition in their business operations, including key commercial transactions and strategic agreements.

Wai also helps operating companies navigate legal and business matters in their day-to-day business operations and leads the structuring, drafting and negotiation of a wide range of contracts, such as:

  • Service agreements for a variety of services, including outsourcing, software as a service (SaaS) and other hosted services, data analytics, digital marketing, software and website development, systems integration, technology implementation and payment processing;
  • Collaboration agreements between strategic partners for the development, manufacturing and commercialization of new technology, products and services;
  • Software license agreements and other complex intellectual property license and assignment agreements;
  • Revenue sharing, joint venture, reseller, supply, equipment purchasing, manufacturing and other types of general commercial agreements;
  • Content production, license and distribution agreements covering various business models and distribution methods;
  • In the biotech, pharma and medical device arena, agreements covering research and development collaborations, intellectual property licenses, manufacturing, supply and distribution services, sponsored research, grants, revenue sharing and other strategic partnerships among commercial entities, academic institutions and/or charitable organizations;
  • Terms of use, privacy policies and end user license agreements for websites, mobile apps and other software; and
  • Advertising-related agreements spanning digital, radio and billboard media, including programmatic advertising platform agreements, lead generation service agreements, advertising reseller and affiliate agreements, insertion orders and advertising terms and conditions.

Wai serves as Co-Editor of Proskauer’s Blockchain and the Law blog and counsels business and legal teams on blockchain and distributed ledger technology development, structuring and implementation, cryptocurrencies, non-fungible tokens (NFTs), fan tokens and other digital assets, and associated legal issues.

Prior to joining Proskauer, Wai worked in the Business & Legal Affairs departments of Marvel Studios in Los Angeles and Marvel Entertainment in New York. At the University of Pennsylvania Law School, Wai served as Senior Editor of the University of Pennsylvania Law Review and was a Levy Scholar.

Lawyer Rankings

United States > Media, technology and telecoms > Media and entertainment: transactional

The New York-based team at Proskauer Rose LLP advises on high-profile M&A , OTT launches and distribution deals for the likes of Warner Bros, Discovery, Hulu and iHeartMedia.  Practice co-head Robert Freeman ‘s detailed knowledge of the media and entertainment side of M&A deals makes him a valuable corporate asset. Fellow co-head Lauren Boglivi  is another M&A expert who recently represented Homecare Homebase LLC in its acquisition of CellTrak Technologies. Co-head Sandra Crawshaw-Sparks divides her time between New York and Los Angeles and focuses her bi-coastal practice on music litigation and transactional matters. Also in New York, Jeffrey Neuburger is a blockchain specialist who is handling a range of matters for Miramax related to a a collection of NFTs, while filmmaker-turned-lawyer Wai Choy  is another name to note who is also leading on the Miramax NFT matter.

United States > Media, technology and telecoms > Technology transactions

Proskauer Rose LLP has a full service offering which encompasses standalone e-commerce, content production and distribution, rights and licensing arrangements, as well as corporate support on M&A, joint ventures and financings. Its lawyers’ expertise covers a broad range of areas, and they are particularly active in sports, media and entertainment, blockchain, biometrics and big data. Notable recent highlights include advising Sony Electronics on its collaboration with Theta Labs to launch 3D non-fungible tokens. Jeffrey Neuburger and Robert Freeman jointly lead the team from New York. Partner Wai Choy is developing a strong name in this area and co-founded the firm’s blockchain group.

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