Intellectual property (IP) is a valuable asset encompassing inventions, creative works, and distinctive designs. Businesses often require access to IP of third-parties to achieve their goals. We assist in obtaining rights for using third-party IP and securing these rights through two main avenues: purchase and licensing.
Who might need it?
→ Start-ups. Acquiring licenses to established IP can accelerate product development and market entry.
→ Established Businesses. Expanding product lines or entering new markets may require acquiring rights to complementary IP.
→ Manufacturing Companies. Licensing essential patents can be crucial for production.
→ Technology Companies. Acquiring patents or software licenses can be vital for innovation and growth.
How we can help?
→ Purchase: If the business needs to control IP completely and wants to make a deal with an IP holder, we can guide through the entire acquisition process, including:
- Negotiation. Drafting and negotiating contract (so-called “alienation agreements”) that protect your interests.
- Due Diligence. Conducting thorough due diligence to uncover any potential issues with the IP (such as a risk that seller has no right to the IP of your interest).
- Closing. Ensuring a smooth and secure transfer of ownership, helping to prepare all closing documents and to communicate with state authorities if it is needed.
→ Licensing: If the business needs to use IP in a limited way, we help to obtain licenses for third-party IP, including:
- Drafting and negotiating agreements that grant you the specific ways to use the IP required for business goals.
- Scope Definition. Clearly defining the scope of the license, including permitted uses, territories, and duration.
- Royalty Structures. Structuring royalty payments that are clear and fair for business, considering tax implications applicable.
