Intellectual property law

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Intellectual property (IP) is a term that describes the application of the mind to develop something new or original.

IP is protected by law and can exist in various forms, including:

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Literary or artistic creation (the film, recording, publishing and software industries would not exist without copyright protection)
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Inventions (which can be patented)
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Branding (symbols, names or images used in business)
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Designs

Greenhalgh Pickard’s experienced IP law solicitors John Greenhalgh and Bryan Pickard have experience in trade marks, copyright and registered designs, commonly dealing with:

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Licence agreements for intellectual property
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Strategies to practically protect intellectual property, both from competitors, employees and market forces (including involuntary solvency issues)

Commercialising intellectual property

All businesses have intellectual property of some kind or another.

Examples include:

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Business names
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Product designs
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Trade Secrets
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Domain names
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Product names
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Logos
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Interventions

Protecting your IP rights is important because it increases the value of your business. Typically if you are looking to raise capital for your business, merge or sell, financiers or purchasers will take enforceable IP rights into consideration.

Therefore it is important for businesses to:

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Consider intellectual property due diligence
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Consider branding strategies, including trade mark registration
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Protect know-how, including patent and design registration
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Ensure licensing agreements and confidentiality agreements protect IP

If you need assistance with any of the above, or an audit of your business to determine whether or not your IP is safeguarded, call Greenhalgh Pickard today on (07) 5444 1022.

Complete Advice

Often IP resides in an entity removed from the trading entity. If desired, Greenhalgh Pickard’s accountants can provide assistance in the tax structuring of these entities. If you are interested in speaking with an accountant, call  (07) 5444 1022 today.

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