Hamlins’ IP lawyers outline how to protect IP when going into administration, in Real Business8th April 2016
The recent news that Deloitte warned staff at UK mobile commerce company Powa Technologies to not give intellectual property to former management, raises the question: how can firms protect their intellectual property when going into administration?
In their article published in Real Business, IP partner Philip Herbert and associate solicitor Hayley Devlin consider vital measures to protect a business’ IP given its intrinsic value in attracting buyers in insolvency situations.
If the intellectual property is registrable – as a patent, trade mark or design – a business should effect registration and ensure that the registration is current and in the correct name.
It should also carefully consider the terms relating to intellectual property within its contracts with employees and contractors.
Read the full article here: