Lorna J. Tang Counsel

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Lorna’s practice focuses on a variety of corporate transactions, including mergers and acquisitions via asset sale or stock sale, technology, outsourcing and general services transactions.

She regularly reviews, drafts, analyzes and/or negotiates various contracts, including technology licensing agreements, asset purchase agreements, stock purchase agreements and ancillary acquisition documents, assignment agreements, intellectual property security agreements, hosting and software agreements, government contracts and subcontracts, and supply and other technology agreements.

In addition, Lorna is experienced in handling a variety of intellectual property issues such as ownership and joint development activities. She regularly participates as a member of acquisition, private equity and debt financing teams providing general, as well as, intellectual property diligence support, data privacy and security diligence support, reviewing contracts, purchase agreements, assignment agreements, license agreements, and conducting and overseeing investigation into target’s or borrower’s intellectual property asset portfolios, identifying potential transaction issues and risks for her clients. She also supports intellectual property litigation teams with analysis and review of documents. She regularly advises clients on general corporate clean-up activities as well as information technology and data privacy and security issues, including analysis and drafting of confidentiality agreements, end user license agreements, and terms of use. She holds the CIPP/US certification as a Certified Information Privacy Professional from the International Association of Privacy Professionals (IAPP).

Lorna began her career as an engineer before earning her MBA from Yale School of Management in operations and finance. Prior to becoming an attorney, Lorna spent many years as a consultant for the energy, environment and technology groups of a government consulting firm in Northern Virginia. She has extensive knowledge of the internet and software technology industries from her experiences as a finance manager at a leading internet service provider eventually acquired by Verizon, and then as a director of strategic planning at a pioneer software as a service (SaaS) provider eventually acquired by AT&T. Her previous work experiences and business background enables Lorna to bring practical, hands on knowledge of business operations and applies that to legal analysis in support of her clients in a wide variety of industries such as financial
services, healthcare, telecommunications, pharmaceutical, education, energy, transportation, food services, biotech, manufacturers, consumer products, information and publishing, government, technology and other service industries.

Experience

  • Representation of a global food services company in its debt restructuring
    activities.
  • Representation of a large telecommunications company in the renewal of a
    multimillion dollar customer care and billing services agreement.
  • Representation of a technology advisory services corporation in vendor
    selection and drafting of a multimillion dollar outsourcing and hosting
    agreement for its ERP System.
  • Representation of a pharmaceutical client in drafting and negotiating a
    master services agreement for a multimillion dollar information technology
    outsourcing deal.
  • Representation of licensee in an exclusive licensing arrangement with a
    university.
  • Representation of buyer in an asset purchase of a tour company.
  • Representation of seller in an asset sale to a large consulting firm.
  • Representation of seller in a preferred stock sale to a private equity
    investor.
  • Support large financial services clients with its debt financing
    transactions.