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Copyright World Magazine
ISSUE: 198

09 Mar 2010Copyright World Magazine

Buying virtual businesses

Rob Hawley, partner at Mathys & Squire, examines the challenges of buying virtual assets

At the end of January 2010, Erik Novak made history by buying the Crystal Palace space station for £200,000 at auction. Novak (known as ‘Buzz Erik Lightyear’ in the virtual world) became a record holder as the owner of the most expensive piece of virtual property ever purchased.

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