The principal intellectual property rights include copyright, trade marks, registered designs, unregistered design rights and patents. They can often represent the most valuable asset of a business and need to be protected.
Other than in the case of copyright, protection may involve registration of the right. It is generally important to ensure that details of patents and designs are kept confidential and not made public prior to registration. Protection may also include taking appropriate action when others copy or use the business’s rights without consent.
Often, the means by which a business exploits the value of its intellectual rights is by granting licences of the rights in question for royalty payments. Aside from the royalty to be paid, other key terms of the licence include the scope of the purpose for which it is provided, the territory or territories to which it applies and whether it is an exclusive or non-exclusive licence.
The intellectual property right underlying most IT agreements is copyright. In the case of a software licence, for example, this is the right which is licensed. There are however many other types of agreement for the purchase, development, supply, integration or maintenance of IT or IT services.
Our commercial lawyers who deal with intellectual property have considerable experience in:
- reviewing and advising on drafting and negotiating licences of copyright
- trademarks
- registered and unregistered designs
- patented technology
We also have experience in advising on a range of different types of IT agreements.
If you are considering granting or taking a licence to use any form of intellectual property right, or if you would like legal help or advice about a breach of your's or another party's intellectual property rights, please contact one of our commercial lawyers on 08081668827.
Disclaimer:
Information on this website is provided for general information purposes only. It is not intended to constitute and should not be relied upon as legal advice. There are a number of factors and circumstances which may be relevant to legal advice. The law may also have changed before we are able to update the information on this website. If legal advice is required, please contact us on 08081668827.
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