Post Registration: Data Veridication/ IP Due Diligence Flashcards
I hat is due diligence?
The process of investigation into the business, Lea gal and financial affairs of a company sufficient to permit parties to make infringed decisions about the company.
Why do we do due diligence?
To assess the value of a business and the risks associated with buying it. It gives access to important and confidential information about a business. It establishes a value to be placed on their investment to ensure you pay the right price for the business.
Where do trade marks fit in with due diligence?
Trade mark rights will often be a key asset of a business
When do we do due diligence?
Usually triggered by corporate transactions
What will trade mark du diligence find?
Involves identifying trade mark rights and checking their validity.
What will trade mark due diligence find?
Involves identifying trade mark rights and checking their validity.