IP Transactions
McKenna Long & Aldridge LLP (MLA) regularly advises clients regarding IP transactions. We work with clients, for example, concerning the options available to develop, acquire, sell, commercialize, enforce, and otherwise utilize intellectual property assets.
Our transaction specific experience includes matters involving: patents, trade secrets, software, trademarks, technology license agreements; OEM relationships; alliance and joint venture agreements; and asset purchase and sale agreements. Our practice regularly conducts due diligence in advance of transactions to sell, purchase, or license intellectual property, representing buyers, sellers, licensors, licensees, and secured parties. Working with MLA’s Corporate Department, our practice group also regularly reviews intellectual property representation and warranty provisions, indemnity clauses, and non-compete clauses in merger, acquisition, and other corporate documents.
Our practice also works closely with MLA’s Global Patent Litigation group, including to coordinate international and domestic enforcement programs. Maximizing IP assets often involves a multi-tiered strategy. We blend the most effective mix of options for each matter, which may include licensing, joint ventures, pooling arrangements and other vehicles to monetize IP.
Our attorneys frequently lecture, publish articles, and conduct presentations on current issues facing the IP licensing community, including (for example) regarding developments in the law of patent exhaustion, managing intellectual property licensing programs abroad, and the interplay of antitrust and intellectual property law. MLA’s IP transactional practice also recently authored an amicus brief to the U.S. Supreme Court in the matter of LG Electronics, Inc. v. Quanta Computer, Inc.
With experience ranging from domestic to international agreements, and projects covering multiple types of rights — whether different technology types or different intellectual property rights, e.g., a patent and technology license agreement — MLA’s intellectual property practice understands the role of intellectual property in business.