Allocating IP Ownership, Use Rights In M&A Deals

Law360, New York (December 10, 2013, 2:48 PM EST) -- In some transactions, both the buyer and the seller contemplate use of certain intellectual property assets in both the business being sold and the business retained by the seller. In this case, the parties must negotiate and carefully draft language dividing the IP ownership and use rights. Typically, one party will own the IP asset but will be required to license use rights to the other party.

For example, the seller may transfer ownership of a particular IP asset to the buyer but continue to use...
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