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Newsletter

We regularly send out a newsletter with interesting articles on the latest developments in Intellectual Property law.

If you would lke to subscribe to this newsletter then please send an email to info@virtuosolegal.com

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PDF: what is IP? To download click here

A brief article explaining what exactly falls under IP... Click here to download the PDF

Event

Virtuoso Legal will be hosting the next LES North East Meeting on 22 September 2010 at The Chambers, Leeds.

Jacqueline Reid, Barrister from 11 South Square, London will speak on “Aspects of Design Right and Copyright”. For further information please contact Kim Henry by email kim@virtuosolegal.com or on 0844 800 8871. We expect this to be a popular event so please book well in advance.

Case Studies

You will find below examples of the work we do, some typical and some more unusual. Some of these have been made deliberately anonymous in order to protect our clients' privacy.

Chef Works

related links: trademarks / retail & leisure / food & drink

Chef Works has been manufacturing and distributing chefs apparel and clothing for over thirty five years and began exporting 15 years ago from its initial base in South Africa.

The business comprises various companies owned by the founding family plus numerous independent distributors across the globe. Clothing is manufactured in Southern Africa, China and Bangladesh.

A new company has been created to house all the intellectual property which consists of a variety of trade marks and a design right registration.

Licensing is key to the company’s intellectual property strategy and is held in an off shore holding company. The company enjoys the following benefits:

  • It has a clear system of registering and protecting its brand.
  • The IP is held in one company to ensure no disputes evolve regarding creation and ownership.
  • The company has the opportunity of licensing to third parties in the future should it wish to do so,
  • The licensing process is simpler,
  • The assets of the holding company can be valued due to the income stream,
  • The ring fencing and valuation of IP could enable the company to seek a higher valuation in the event of a takeover/ flotation,
  • The IP holding company is ring fenced from any of the trading companies thus ensuring a high level of asset protection.

Honeyman Group

related links: paterns / technology / health care

The Honeyman GroupThe Honeyman Group is a UK based consultancy company operating in the pharmaceutical and biotechnology sectors. Over the past few years, the company has successfully developed new process technology for which it obtained some worldwide Patent and Trade Mark protection. The potential and scope for this technology went beyond the existing UK and Irish markets of the company’s core business activity, and it also had the potential to move into several other market sectors. A strategy needed to be developed to move the company forward maximising rollout efficiency and returns.

HydroGienicThe method chosen by the Honeyman Group was to first spin out the IP into a new company. ‘NewCo’ was formed as a vehicle with the specific purpose of rolling out the technology across the World and was geared to this task, unlike the core consulting business which clearly was not. As part of the process, NewCo gave an exclusive license back to the core business to use the technology in the UK and Irish Pharmaceutical and Biotechnology sectors, so there was no effective change for the existing business. Thus, NewCo was able to enter discussions with a number of potential Licensees and partners around the world, and was free and unencumbered in these negotiations towards optimising the overall outcome on a case-by-case basis.

Whilst IP was at the heart of this operational strategy, its use also enabled the Honeyman Group to optimise its wider business and commercial objectives in areas such as equity, funding, and tax planning.

Confidential client

related links: technology / copyright / confidentiality

Mr. X had been suspended from his work as a software programmer and had then resigned from his job. A few weeks later Mr. X was served with a search order as it was alleged he had taken confidential information from his employer. We successfully defended Mr. X and managed to settle the litigation with various undertakings.

Actions against Getty images

related links: copyright / online trading / e-commerce

We have acted for a number of individual and businesses who have been accused of taking Getty images photos without paying any royalty. We have successfully defended everyone.

Polymer Recycling Limited

related links: paterns / technology / licensing

We have assisted an innovative rubber recycling company in Doncaster who have a new patented process for recycling rubber. Polymer are currently looking to licence their patent and know how on a worldwide basis and have success manufacturing and research facilities overseas.

Simcyp

related links: health care / software licensing / technology

Simcyp Limited originated as a spin out of the University of Sheffield. Simcyp now is now internationally acclaimed for the software it licenses which creates not only a virtual person but whole virtual populations which are used in drug modelling and testing. We assist Simcyp with a wide range of licenses and collaboration contracts with drug companies.

 

Please contact us if you have any questions or require advice: ring 0844 800 8871 or 0113 237 9900. Our first 20 minute interviews are free and at no obligation to you.
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