DealsIP Deals
We Advise On
NDAs
MOUs/Heads of Terms
Option & Standstill agreements
Joint Ventures
Cross-licensing & Joint ownership
R&D Agreements
Registration of transactions
Development Agreements
Co-operation Agreements
IP Assignments
Confirmatory assignments
Transfer of Future IP
Intra-group IP Agreements
Variation Agreements
IP Deal Preparation, Planning and Negotiation
IP deals often start with non-disclosure agreements and agreements not to do conflicting deals during the negotiation period. We always recommend writing a summary of the deal in principle. Negotiations should lead to a termsheet, MOU or Heads of Terms.
Cutting Through the Complexity
Our mission is to ensure that the deal that gets documented is the deal you wanted to do. The more complex the deal, the greater the need for all internal stakeholders to be clear how each sentence in the deal reflects the intentions of the dealmakers. IP deals are long term relationships so a relatively high degree of transparency with the counterparty during negotiations on many deal aspects is common. We take a deep dive into the underlying IP and contract laws that influence or determine the deal shape and then communicate the impact of these in plain language, keeping you in the driving seat.
Buying, Selling and Confirming Ownership of IP
Buying, selling and confirming ownership of IP has to be done by an IP assignment. Some IP assignments are part of an intra-group reorganisation and require collaboration with your tax advisor. Arm’s length IP assignments require a negotiation of IP warranties and/or indemnities. They likely involve due diligence exercises – an internal analysis of the nature of status of the patents, designs, trade marks or copyright works that will be the subject-matter of the deal. Special rules apply where the seller is insolvent. Transfers of registered rights should be registered at the relevant intellectual property Office.
Licences
Licences differ by commercial sector. Licences for spinning out patented technology from a university, know-how licences to a large manufacturer, various sub-types of software licence, trade mark licences, book publishing agreements, music industry agreements and so on, are each negotiated against a background of industry norms and fast-paced technological change that influence their structure and language. Across all sectors, the fundamental nature of an IP licence remains the same: it’s an exception to the rights the IP owner would otherwise have to restrict use of the materials and ideas that are licensed. IP licences typically govern ideas and materials that have not yet come into existence, so the degree and duration of the permitted uses must be set out precisely.
Our ServicesWe Can Help With IP deals
Long Term Partnerships
IP deals tend to last a long time and embody both commercial potential and personal accomplishment. So it’s common to have to revisit them or even renegotiate them during the deal term.
Manage Issues
Development can be slower or more expensive than you’d wish. Deliverables may not meet expectations as your commercial road map develops. Sales may dip or expenses increase. We can help get ahead of these problems when the deal is done and also during the deal term.
Ending a Deal
Sometimes deals need to end. The consequences of that termination must be understood fully. Terminating safely requires expertise in the intersection of contract law, intellectual property law and the civil procedure laws of the relevant territory.
IP DealsReady to discuss your IP deal?
Our ServicesIP challenges: disputes, deals and registrations
Craft Your IP Deals
Deals and contracts that lead to success and mitigate risk
✓ Prepare for Growth
✓ Allocate Risk
✓ Plan for the Future
Manage Your Disputes
Proactive management of disputes and technical expertise to turn problems into solutions
✓ Proactive Dispute Resolution Strategies
✓ Support Tailored to your Business
✓ Cost Effective Solutions
Optimise Your IP Registrations
IP rights and registrations should be secured before tensions or disputes make them more difficult to obtain
✓ Rights You Can Register
✓ Strategies For Your Budget
✓ Automatic Rights
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