#ip licenses

[patentlia]

Coming out of the pandemic, licensing will see much greater scrutiny and negotiation activity around the so-called “boilerplate” provisions.

Coming out of the pandemic, licensing will see much greater scrutiny and negotiation activity around the so-called “boilerplate” provisions, like force majeure; choice of law provisions; frustration or purpose and/or impossibility of performance standards; insurance; letter of credit; jurisdiction for disputes; and limitation caps on damages.

[patentlia]

Entities often buy or sell licenses of intellectual property (“IP”)—items such as patents, software, music, and scientific compounds. These contracts are common in industries such as technology, entertainment and media, pharmaceuticals and life sciences, and retail and consumer.