David DelCollo

Sign on the dotted com? The Impact of Technology on Contract Law in Corporate America

»Posted by on Feb 23, 2016 in David DelCollo, Uncategorized | Comments Off on Sign on the dotted com? The Impact of Technology on Contract Law in Corporate America

Sign on the dotted com? The Impact of Technology on Contract Law in Corporate America

By David DelCollo, Attorney It is difficult to imagine that the great legal minds of the past could have ever envisioned the practice of law that we currently know. From ancient Greek and Roman times until the days of the old English courts, some of the greatest innovations in the application of contract law was the act of actually writing down one’s intentions, as opposed to a mere verbal “meeting of the minds.” Today, however, contracts are drafted, reviewed, and signed without a piece of paper or a drop of ink and all of this happens at lightning speed as fast as your internet service can provide. While today’s high-tech tools can help businesses run more efficiently, these same tools can also put a company at great risk of winding up in court. Is an agreement...

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Don’t Sign an NDA Without Checking These 5 Things

»Posted by on Jan 30, 2016 in David DelCollo | Comments Off on Don’t Sign an NDA Without Checking These 5 Things

Don’t Sign an NDA Without Checking These 5 Things

If you’ve ever worked in a competitive industry, you’ve probably been asked to sign a nondisclosure agreement. NDAs are pretty common, particularly in high-tech and IP-driven lines of business, where trade secrets are often corporations’ most valuable assets. If you can’t protect the ideas and processes that set you apart from the competition, you might not last very long. On some level, NDAs also benefit employees. By keeping their employers in business, they keep employee signatories employed.  NDAs are literally the only protection a company has in order to restrict or eliminate the ability for a disgruntled employee to walk out and bring knowledge, experience and — yes — secrets to a competitor willing to pay top dollar for them.  Legal experts like...

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Is the FDA Approval Process Killing Healthcare Innovation?

»Posted by on Dec 31, 2015 in David DelCollo | Comments Off on Is the FDA Approval Process Killing Healthcare Innovation?

Is the FDA Approval Process Killing Healthcare Innovation?

By the FDA’s own admission, the process for trialing and approving drugs for sale in the United States is incredibly complex and arduous. Most of the promising compounds that begin the clinical trial process fail to win approval. It’s easy to spin this as a good thing by proclaiming, “we don’t want Americans exposed to bad drugs.” But a growing chorus of policy experts and medical professionals — not just pharmaceutical reps, mind you — believes that the FDA now goes too far. The trial-and-approval process is so tough that many biotech and pharmaceutical companies, particularly smaller, scrappier entities without billions of dollars in capital reserves, simply forgo drug development altogether rather than risk a costly, reputation-damaging failure. The Basics of...

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King v. Burwell Is History, But Its Legacy Lives On

»Posted by on Dec 24, 2015 in David DelCollo | Comments Off on King v. Burwell Is History, But Its Legacy Lives On

King v. Burwell Is History, But Its Legacy Lives On

Unless you’ve been oblivious of the political conversation since the beginning of Barack Obama’s presidency, you’re likely aware of a law known as the Patient Protection and Affordable Care Act (PPACA). PPACA is also known as the Affordable Care Act (ACA), but most folks know it simply as Obamacare. Whatever you call it, the ACA dramatically reordered the American healthcare landscape, which was already changing rapidly. Legal experts like Philadelphia attorney David DelCollo can argue interminably about the legal merits and inconsistencies of the ACA, but most people on the street simply want to know how it affects them in practical terms. Needless to say, some folks are up in arms about the ACA’s perceived drawbacks and possible long-term deleterious effects:...

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David DelCollo is an accomplished attorney

»Posted by on Dec 21, 2015 in David DelCollo, Uncategorized | Comments Off on David DelCollo is an accomplished attorney

David DelCollo is an accomplished attorney with an extensive background in corporate, contract and healthcare law. After graduating from the Widener University School of Law in Harrisburg, Pennsylvania, DelCollo took an in-house counsel position with a mid-size IT firm in Philadelphia, Pennsylvania. He subsequently moved to North Carolina to serve as counsel for the state’s largest HMO. Upon rediscovering his Keystone State roots and putting aside his preference for mild weather, he accepted his current role as counsel with a well-known pharmaceutical firm and relocated back to the Philadelphia area.   When he’s not immersed in the minutiae of healthcare law, DelCollo acquires and refurbishes vintage motorcycles at his shop in the Philadelphia suburbs. He’s...

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David DelCollo’s Pennsylvania Contract Cheat Sheet

»Posted by on Dec 17, 2015 in David DelCollo | Comments Off on David DelCollo’s Pennsylvania Contract Cheat Sheet

Who’s afraid of a little contract dispute? Literally every American business owner, that’s who. Philadelphia attorney David DelCollo built the first part of his career on a solid foundation: contracts, contracts and more contracts. And he’s not sorry he did it. “I was fortunate to be responsible for negotiating and enforcing contracts for two rather large organizations — one in the IT industry, the other in healthcare — early in my career,” says DelCollo. “Actually working in the trenches on these issues was an incredible experience that informs my work to this day.” DelCollo is permitted to practice in the state of Pennsylvania, making him familiar with the laws on the books in that state. “Pennsylvania contract law is, frankly, quite complicated,” he says. “Our...

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