Intellectual Property Assignment in Business Acquisitions

When acquiring a business, one typically identifies and lists the assets to be acquired — those assets necessary to effectively run and/or continue the business post-acquisition. These identified assets may include tangible assets, contractual rights, employees,…

Lawyers advising on business acquisitions in South Africa should watch for the specific requirements and potential pitfalls related to intellectual property assignments, as failure to properly assign or transfer IP assets can lead to significant compliance exposures.

Source: Original reporting via GoLegal