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IP Transactions

What if I do not intend to sell my asset or business? FAQsIP Transactions

What if I do not intend to sell my asset or business?

You should consider an intellectual property audit. An intellectual property audit is a practical and economical long-term solution that allows your company to leverage and manage its creative assets for competitive intelligence and defensive product development. It allows you to detect any defects in your intellectual property rights that may affect the value of your business. Also, it is an early warning system for reducing the high cost of litigation. It is a proactive and preventive approach to managing the intellectual property risks and liabilities faced by every business. You can choose between three types of examination: Basic, InDepth &…
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October 18, 2019
Is an intellectual property due diligence review different from an ordinary commercial transaction? FAQsIP Transactions

Is an intellectual property due diligence review different from an ordinary commercial transaction?

Yes. Since these areas of the law cover different subject matter, the corresponding due diligence reviews are not identical. Intellectual property is a specialized discipline of business/corporate/commercial law. Intellectual property law covers trademarks, copyright, patents, industrial designs and trade secrets. It requires a particular understanding of the scope and strength of intellectual property rights and its impact on the business and the deal terms. In contrast, commercial law is a broader category of business law that covers subject matters including structuring a company, mergers and acquisitions and venture capital investments. In other words, intellectual property deals with “works of the…
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October 18, 2019
What is due diligence? FAQsIP Transactions

What is due diligence?

Intellectual property due diligence is the process by which the quality, validity, scope and status of any intellectual property rights can be determined in a commercial transaction. For instance, without conducting an intellectual property due diligence review, after the purchase and sale of a business you may find out that the: domain name is in the name of an ex-employee; trademarks are being used but not registered; business is being sued for trademark infringement for which the new owner is now responsible; or copyright, hence the ownership, in and to the purchased website belongs to someone else. For these reasons,…
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October 18, 2019