Probably the most import part of your contract. We carefully define your pre-existing IP and ensure any license or rights are granted on agreed terms. It’s also important to ensure your customers & suppliers guarantee to you that their IP doesn’t breach 3rd party rights.
Hopefully not, because if your contracts are properly drafted, this often avoids dispute relating to misunderstanding. But in some cases inevitably disagreement arises. We have experience of solving commercial & legal disputes. Invariably it comes down to agreeing a settlement payment, but that’s not always the case! We can negotiate for you and ensure any settlement is final and binding.
It depends! MOUs & HOTs are fundamentally non-binding, however we always recommend adding legally binding terms, such as confidentiality, IP & governing law or including these in other legally binding contracts. We will ensure your MOU/HOT is non-binding in the right places!
We prepare dozens of commercial contracts each year. We will do everything that’s legal to protect your position! To understand more about our team and recent transactions we have supported, contact us or tweet us @whoneedslaw.