The buyer will be asking questions about your IP, identifying potential issues, evaluating your IP to see the value of the IP to your business and therefore how grave any issues it may find may be. When you are agreeing the asset purchase agreement the IP will need to be defined and the buyer will want protection in the warranties and possibly an indemnity for any issues. Finally in an asset sale an assignment of the IP will always be needed, after all you wouldn’t sell your house without transferring the ownership in that house in the paperwork.
News
Selling your business is one of the biggest decisions a business person can make. Handing over “your baby” is always going to involve mixed emotions and a lot of considerations – not least the kind of buyer you want to take over the business. An option we have seen some clients explore is selling to a private equity investor as opposed to a more “traditional” sale.
News
In an era where technology is reshaping industries, businesses are finding themselves at the crossroads of innovation and responsibility. As a forward-thinking law firm, we understand the transformative power of Generative Artificial Intelligence (A.I.) and how this can be integrated into a business and its current practices. We are also aware of the potential grey areas and pitfalls working with A.I. may have, and why it there may be a critical need for businesses to implement comprehensive A.I. policies.
News
Business owners and employees alike should be prepared for what to expect when expecting in the workplace as redundancy and maternity laws are changing.
Check us out on social
