IP & Insolvency - Risks & Tips Explored

Introduction

Intellectual property is often overlooked in insolvency processes and those involved may not realise the full value of the assets they are selling or purchasing.

To advise clients, it is crucial to identify intellectual property rights, both registered and unregistered, check ownership and carry out an assessment of value.

Further, it may be attractive to revive seemingly abandoned brands that had their past moment of fame, but the original brand owner could still retain a residual goodwill in the mark.

This could affect the full use and exploitation of the so called ‘zombie’ trade mark by its new owner.

This new virtual classroom seminar will explore the value of IP in insolvency and will consider the legal risks involved in the acquisition of brands (including the risk of acquiring a ‘zombie’ trade mark), particularly in the UK with the recognition of common law rights that may not always be transferred with the sale of a trade mark registration.

What You Will Learn

This live and interactive session will cover the following:

• The role of IP in insolvency situations
• What happens to IP that belonged to a dissolved company and the process of buying this back from the Crown
• An in-depth analysis of risks in acquiring ‘zombie’ marks and relaunching old brands, including goodwill issues, a consideration of when this may be worthwhile and potential pitfalls to watch out for
• Case studies and discussion points covering the above, including examples from case law

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.