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

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 due diligence questionnaire

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 provide your answers in italics underneath each question and provide copies of all relevant documentation, ensuring that all answers and documents are clearly marked by reference to the appropriate paragraph of this questionnaire.

We reserve the right to raise further enquiries in respect of both your responses to this questionnaire and generally.

Definitions

Group

  1. means the [Company OR Seller] and each of the Subsidiaries and Group Company means any of them;

IPR

  1. means all intellectual property rights used by [each Group company OR the Business],

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