IPblog / Intellectual Property

Licensing, IP due diligence and dispute resolution

Make IP usable in contracts and transactions with clear rights, risk allocation and remedies.

Define the subject matter

Registered rights, know-how, software and copyright need different provisions. Define exclusivity, territory, permitted uses, sublicensing and remuneration. Rights schedules and technical definitions often matter more than general contract language.

Due diligence

Review ownership, validity, deadlines, licences, encumbrances and disputes. Missing founder or developer assignments, change-of-control terms and open-source duties can create material risks. A register extract alone does not answer these questions.

Transaction terms and disputes

Legal usability and economic value are separate assessments. Warranties, indemnities and price mechanisms should address identified risks. Negotiation, Mediation, arbitration and court proceedings offer different routes; arbitrability and jurisdiction must be checked for the issue concerned. Provide rights lists, contracts, financial assumptions and dispute records.

Official sources

www.wipo.int

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