In "Buying Virtual Assets", a short piece by Rob Hawley, a partner at Mathys & Squire, the challenges of buying virtual assets are examined in light of the purchase earlier this year of the Crystal Palace space station -- an asset which exists only within the context of the MMORPG Planet Calypso. Also, in the somewhat longer “Virtual Worlds, Real Risks, Real Money” Linklaters’ Christian W. Liedtke discusses both the business benefits and the legal framework of user-generated online content.