A while back, I wrote an article for Metropolitan Corporate Counsel on buying and selling intellectual property (“IP”) assets, which include trademarks and copyrights, as part of the sale of all or part of a business. It’s one of those “oldie but goodie” resources I frequently consult. It was written for attorneys, but anyone can benefit from reading the piece. Key points include: what due diligence should parties to a sale conduct before committing to sale or purchase? How can a seller make use of schedules in the agreement to reduce liability if there is an issue with IP assets? What representations and warranties about IP assets should a seller look for? How should the transfer of IP be defined in the contract and perfected after the deal is signed? You can read more here.
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