Contracts on Intangible Assets and
Contracts on Intangible Assets and Commercial Contracts
What do Intangible Assets mean?
Intangible Assets are those that cannot be physically perceived, as they are immaterial in nature. Some Intangible Assets have a limited life, such as Patents, Utility Models, Industrial Designs or Copyright, while others have an unlimited life, such as Know-How or Trademarks, which can be renewed indefinitely.
Intangible Assets contribute to the development and operation of a company because they are value generators, being able to produce revenue and shut out competitors. They can be divided into three categories:
> Commercial Intangibles: Trademarks, Trade Names, Copyright, Domain Names, Know-How, among others;
> Manufacturing Intangibles: Patents, Utility Models, Industrial Designs, undisclosed technical Know-How, Trade Secrets, manufacturing processes, among others;
> Mixed Intangibles: corporate reputation, business models, among others.
It is important to get the right advice regarding their exploitation, i.e. through licensing, assignment, franchising, etc.
How can we assist you?
- We identify and verify the registration and legal situation of the Intellectual Property rights of clients or companies/persons with whom a commercial transaction is to be carried out.
- We prepare detailed reports on the current situation as well as medium and long-term forecasts for these assets.
- We draft and review licensing, purchase and sale, franchise, or any other type of commercial contract.
How can we assist you?
- We identify and verify the registration and legal situation of the Intellectual Property rights of clients or companies/persons with whom a commercial transaction is to be carried out.
- We prepare detailed reports on the current situation as well as medium and long-term forecasts for these assets.
- We draft and review licensing, purchase and sale, franchise, or any other type of commercial contract.
