An Introduction to Co-ownership of IP - Avoiding the Pitfalls
Many professionals strongly advise their clients against agreements for the co-ownership of IP on account of the complexities that result from such agreements.
On the other hand, if two parties to an agreement are contributing relatively equally to the writing of a screenplay or the development of a new drug, neither party is likely to accept a position under which the resulting IP is owned entirely by the other party and co-ownership is the likely outcome of the initial negotiations.
That being the case, professionals advising on agreements involving any degree of collaboration need to have a thorough understanding of the issues that arise from co-ownership of IP and how best to address those issues in the agreement. The aim of this new webinar is to help provide that understanding.
It will also help you to identify those circumstances in which co-ownership can arise, unanticipated and undesired, from a client’s activities.
What You Will Learn
The webinar will cover the following:
- How IP co-ownership can arise in the absence of agreement including the 2021 decision in Martin v Kogan
- The potential obstacles to the protection, exploitation and enforcement of co-owned IP
- Drafting agreements to avoid the pitfalls of co-ownership with particular reference to provisions dealing with:
- Cooperation between the parties relating to applications for patent and other registered IP protection
- The sharing of patent prosecution and other costs and what happens if one party wants to stop paying
- Rights of exploitation between the parties
- Avoiding co-owned IP becoming vulnerable to cancellation or invalidation
- Taking action against third party infringements
This webinar was recorded on 29th June 2021
at your organisation