There has been increased awareness of a business’s intangible assets in recent years. This issue is particularly noteworthy as it applies to intellectual property (IP) rights such as patents, trademarks, and copyrights. These IP rights need to be properly secured by, for example, examination or registration proceedings before the U.S. Patent and Trademark Office or the U.S. Copyright Office. Proper acquisition and perfection of intellectual property rights is necessary to enforce those rights. It also can be important in valuing the intellectual property assets in the context of debt or equity financing of your business. If the IP rights are not built on the proper foundation, a creditor or investor may view the financing as too risky. Taking the right steps to secure your intellectual property rights protects and enhances the value of your intellectual property and your business.
D. Tiller Law PLLC helps clients enhance the value of their intellectual property. For example, we prepare high-quality patent applications designed as barriers to competition and to withstand litigation. We also counsel on deals involving the creation or transfer of intellectual property, where it is important to define — in writing — ownership and other rights in the property. Other issues affecting the value of intellectual property include branding issues, confidentiality concerns, and the intellectual property rights of others. While this area is extremely complicated, we have the skills and experience to guide you through the decision-making processes necessary to make the right choices for you — and your business.