All, A reminder of the work that Sidley undertook on the IANA IPR issue. Of the three scenarios discussed by Sidley as follows: * ICANN maintains ownership of the IANA IPR, * PTI becomes the registered owner of the IANA IPR, and * An independent trust, such as the IETF Trust, becomes the registered owner of the IANA IPR. Only the third scenario remains under consideration by the CWG. It is discussed in detail on pages 5-7 of the attached. Thank-you, Jonathan From: Flanagan, Sharon [mailto:sflanagan@sidley.com] Sent: 05 August 2015 04:06 To: Client Committee <cwg-client@icann.org> Subject: [client com] IPR Memo Dear All, Attached is a memo on the IPR issue under the three ownership structures. Please let us know if you have any questions or would like to discuss. Best regards, Holly, Josh and Sharon SHARON FLANAGAN Partner Sidley Austin LLP +1.415.772.1271 sflanagan@sidley.com <mailto:sflanagan@sidley.com> **************************************************************************************************** This e-mail is sent by a law firm and may contain information that is privileged or confidential. If you are not the intended recipient, please delete the e-mail and any attachments and notify us immediately. ****************************************************************************************************