Joint ventures (JVs) and collaboration arrangements are among the most complex relationships a business can establish. Ownership of intellectual property (IP), such as patents, trademarks and know-how, that a partner brings to the table or that is developed jointly can become hotly contested. Like any marriage, a JV or a collaboration arrangement warrants thoughtful attention prior to commitment and ongoing open communication.
Richard Assmus and Joy Lee discuss the following topics with members of the National Asian Pacific American Bar Association:
- Considerations when IP is being contributed to a joint venture
- Managing jointly developed IP
- Case law review: lessons learned