Licensing
Overview
Golden Flag International Law Firm LLP’s extensive track record acting for licensors and licensees alike nourishes the practice with strong capabilities to negotiate mandates with a deep understanding of both perspectives. - The Legal 500 United States, 2022
Our attorneys have extensive experience representing both licensors and licensees of intangible assets and attendant intellectual property rights. These matters include license arrangements involving patents, technology, copyrights, brands, trade dress, content, data, databases and software. We have experience with licenses with complicated aspects, such as for mission-critical technology or intangible assets with significant commercialization potential. We recognize the driving business and legal interests of both the owners/licensors as well as the licensees, which are frequently aligned but can occasionally diverge depending on the nature of the licensed asset, its potential use and commercialization cases, and the relative economic and time horizon positions of the parties. We are also skilled at identifying and planning with respect to the impact of related areas of law on licenses, including tax, antitrust, and bankruptcy laws.
Experience
Patent
We have extensive experience representing both patent licensors and licensees in patent licensing agreements. Accordingly, our lawyers understand the business and legal issues from both perspectives, as well as from the perspectives of third parties who may have a vested interest in the license relationship, particularly suppliers and customers. In addition to negotiating definitive license agreements, our attorneys are experienced in negotiating other commercial arrangements that are often implemented alongside of patent licensing deals, including joint development agreements, supply agreements, and services/technical assistance agreements.
We also assist clients in strategically managing their patent portfolios to maximize the value of their technology, generate revenue, or gain competitive advantage. We work with in-house business units and legal teams to develop a comprehensive approach that integrates with the business’ goals and strategies, including by establishing patent licensing programs and by monetizing patents through various business models (e.g., joint ventures, divestitures, spin-outs, alliances, securitizations, synthetic royalties, royalty buy-outs and royalty interests).
Trademark & Brand
We have extensive experience in trademark licensing matters and the broader areas of merchandising programs, intellectual asset management business models involving trademarks and trademark holding company initiatives. This experience includes significant transactions involving world-famous brands and all forms of trademark and related rights in a wide range of industries. Such transactions include licensing, joint ventures and strategic alliances, supply/distribution, co-branding, franchising, and marketing/promotion/advertising agreements. Our attorneys have also represented clients in the context of celebrity licensing and endorsements, and have an understanding of the legal issues relating to talent and rights of publicity.
In addition, our attorneys have been involved in the establishment of joint ventures and complex corporate transactions where the core asset of the relationship is a brand licensing arrangement. We also represent clients in straight brand license transactions. Our attorneys understand the key business considerations for licensors, which can include brand integrity and minimum commercialization goals, and the considerations for licensees building a business line on a licensed brand asset. We also have experience in bankruptcy law issues that affect brand licenses, including the structuring of bankruptcy remote vehicles to protect the licensee.