IP diligence examines whether the rights important to a transaction are validly owned, usable and free from material contractual or dispute issues.
Understanding IP Due Diligence Services
When to consider this service
Business owners and authorised stakeholders preparing a contract, dispute or governance matter for professional review can use this service to clarify a particular issue. A useful starting question is: “Why review creator agreements even when IP is registered?” Begin with the facts behind that question rather than assuming that a standard package will resolve it.
Scope of work
The engagement can cover the following workstreams. The proposal specifies which apply to your matter and what evidence or specialist input is needed.
- Map registered and unregistered IP assets.
- Review ownership licences and restrictions.
- Identify transaction risks and remedial assignments.
Documents and information to prepare
Start with the records below where available. They help establish the facts before a more specific checklist is agreed.
- Registration records.
- Employment agreements.
- Licences.
- Dispute notices.
Provide the relevant entity, transaction or reporting period and any existing notice or deadline. Identify missing or inconsistent records so they can be addressed explicitly.
A key issue to resolve
A registration in a founder’s or vendor’s name may not belong to the company without a valid ownership chain.
How the engagement works
- Define the question: map registered and unregistered IP assets, using the available registration records and the facts you provide.
- Examine the evidence: review ownership licences and restrictions. Record unresolved information and the assumptions that affect the analysis.
- Agree the action: identify transaction risks and remedial assignments. Set the required deliverables, responsible owners and any follow-up or external dependency.
Deliverables, fees and timing
The proposal for IP Due Diligence Services sets out the analysis, documentation or coordination deliverables and the work you retain. The availability of registration records, employment agreements, licences and dispute notices affects readiness and the amount of follow-up needed. Fees and the working schedule are agreed after that initial assessment. Any required independent report, legal representation or authority application is identified as a separate responsibility where relevant.
Discuss your requirement
Share a short summary of your IP Due Diligence Services requirement and the records already available. BIATConsultant can assess the proposed scope and explain the next steps.
FAQ
Practical questions about IP Due Diligence Services.
Why review creator agreements even when IP is registered?
A registration in a founder’s or vendor’s name may not belong to the company without a valid ownership chain.
What records should I prepare for IP Due Diligence Services?
What can the scope of IP Due Diligence Services include?
How are fees and the schedule agreed?