2

What happens if Company A has acquired Company B, during which the patents need to be assigned from Company A to Company B. The signature for this assignment for both the companies has been done by the same person.

What are the laws governing this?

  • @Pushpak They are not looking to license the technology. They want to transfer ownership of the patents. – Robert Cartaino Jun 15 '15 at 13:40
  • @Avi its unclear what you are asking, company A aquired B and then A assigns patents to B? B is now currently A what is the benefit here? – Pushpak Jun 15 '15 at 14:06
1

The person who provided both signatures has a Conflict of Interest. I have witnessed one case where the rights to two patents were signed from a university to a company, where the inventor was a member of both organizations and would normally have signing power at the company. The way this was resolved was that the company designated a different signing authority for their side of the transaction. This was, of course, in addition to a Conflict of Interest being declared and the mutually-amenable resolution of the conflict being agreed upon in advance of the transfer.

-1

You can record the document listing the patents as property bought by the new company... (redact anything like a price that you wouldn't want shown)

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.