ASSET VERIFICATION
A "Patent" is an intangible asset and can be classified into many types such as an invention, utility, model or design patent. Each type has a different status related to its filing history. This can include status such as "patented", "pending" or "lapsed & abandoned".
Due to the complexity of different patent types in combination with each asset's individual status at a particular point in time, maintaining patent assets can be quite difficult. For example, the official status of patent within a company could be different from its actual public status due to a company's internal strategies. In some cases, the internal records are just simply inputted incorrectly.
Our accurate, reliable asset verification service will precisely categorize all of your assets, which will allow for easy access. This will give you a clear and correct picture of your intellectual property and its value.
DEAL NEGOTIATION
With several years experience in patent transactions, Transpacific offers clients comprehensive support during patent purchase negotiations. To ensure our clients receive the best price and contract terms, we provide extensive vetting of a deal portfolio including:
- Professional technology analysis
- Marketability analysis
- Due diligence
- Patent file due diligence review
- Complete checks for any encumbrances against the assets.
This service will evaluate and accurately value a deal portfolio giving its owner or potential buyer the most precise valuation possible before entering negotiations.
Following an extremely thorough due diligence process, our legal professionals will begin working on the contract terms and ensure our clients receive the greatest benefits out of the deal. All of our legal experts specialize in patent transactions, specifically in acquisition and licensing.
With Transpacific's guidance our clients are able to think ahead and include all possible situations in the contract as to better protect their interests.
DOCUMENTATION EXPERTISE
Precise and accurate documentation control is a significant factor in corporate competitiveness. The docketing team of Transpacific IP performs an important role in handling this aspect of a firm's IP assets and ensuring all properties have been appropriately docketed and recorded.
Our comprehensive methodology in our docketing procedures successfully produce stable database systems, annuity and maintenance fee management, and labor division stressing accountability and consistency. Our clients enjoy the benefits of up-to-date knowledge of the status of all cases, timely recording of asset movements, rational legal invoice recordation management and a safekeeping of file wrappers deliverable to our clients.
Transpacific IP's docketing services represent an opportunity to gain an edge in the IP industry by enabling our clients to focus their productive energies toward their most profitable competencies.
ASSIGNMENT COORDINATION
The "assignment" is documentation of the transfer of patent rights and any associated rights to the patent owner. This document is crucial. It must be precisely recorded with the appropriate patent office on which jurisdiction of the patent is filed so the recordation serves as a notice against any third party.
Transpacific IP provides consultation services for assignment recordation matters such as:
- Preparing assignment documents in accordance with the regulations of the respective country's patent office
- Conducting multi-jurisdictional assignment recordation filings
- Providing a coordinated approach to dealing with international asset transfer regulations and status reports.
Whether our clients are considering buying, selling, licensing or mortgaging a patent asset, we can assist in solving issues from previous transactions by inspecting each transaction's assignment chain, providing advice regarding any potential title issues or problems and proposing viable solutions for the problem assets.
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