Buying or Selling A Business and Its Intellectual Property Including Trademarks and Copyrights? Here are Some Tips
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.
If you have any questions about this post or any other related matters, please contact me at jhamburg@nmmlaw.com.
