IP due diligence questionnaire
Produced in partnership with Simon Portman of Marks & Clerk
IP due diligence questionnaire

The following IP precedent produced in partnership with Simon Portman of Marks & Clerk provides comprehensive and up to date legal information covering:

  • IP due diligence questionnaire
  • 1 Intellectual property rights

IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see Practice Note: What does IP completion day mean for intellectual property?

Introduction

This IP due diligence questionnaire relates to the proposed purchase by [insert buyer name] (the Buyer) of the [entire share capital of [insert name of target company] Limited incorporated in England and Wales under number [insert company number] (the Company) OR [insert description of the business to be acquired] (the Business) as a going concern, together with certain assets used in the Business] from [insert seller name] (the Seller) (the Proposed Acquisition).

This questionnaire is designed to enable the Buyer, the Buyer's solicitors, patent and trade mark attorneys and other professional advisers to obtain information relating to the IP owned and/or used by the [Company and its subsidiaries OR Business OR which the Buyer requires to assist in the valuation of the Company OR Business and with the negotiation of the Proposed Acquisition]. Please answer every question fully. Please

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