In the modern era intellectual property (or IP) often forms some of the most valuable assets a business owns.
IP can take many forms, from the patent portfolio of a research and development company to the logos and branding of a retail chain. Whatever the IP of your business the fundamental concerns remain the same; how do you protect it and how do you commercialise it?
At Barrett and Co our Solicitors can provide you with advice on:
Maximising the return on IP investment is critical, whether you are looking to licence domestically or internationally we can create agreements to commercialise and protect your IP.
The purchase of any intangible asset is often a mixture of opportunity and uncertainty, but you can be certain that we will use our expertise to guide you through the process, and to create agreements you can have confidence in.
Business relationships change over time and often cracks appear. Our solicitors have the expertise to renegotiate existing agreements and clarify misunderstanding leading to productive relationships for years to come. We have considerable experience utilising Alternative Dispute Resolution (ADR) methods such as mediation and always seek to use these where appropriate.
Should you need to take action to protect your valuable IP we will explain the available options and rigorously pursue your chosen course to completion.
In recent years pioneering companies have become targets for Non-practising Entities (NPE’s) who operate by buying up the IP of insolvent or failing companies in order to launch speculative infringement actions against trading businesses to claim damages or secure licencing arrangements. We can act to defend businesses from such opportunistic actions.
Ensuring your Trademarks are properly registered is the most cost effective way to protect them; we can review your portfolio to ensure it meets your business need and make any necessary new registrations. Where a business has or is thinking of commissioning work such as a website, software or creative designs we can draft or review agreements to ensure the IP rights transfer to you. The recent case of the drinks company Innocent losing the right to use its ‘Halo’ trademark is a timely reminder of what can happen if these issues are overlooked.
Our company and commercial team is headed by Martin Reynolds an experienced commercial solicitor with a background in commercial dispute resolution and insolvency law. To contact Martin and his team; call 0118 958 9711 or email [email protected].