JULY / AUGUST 2005
IP licensing rules turned on their head by stealth
The UN is set to agree a controversial convention that will have serious implications for international licence agreements. Ben Goodger and Patsy Day analyze the details of the convention, and reveal why IP owners should be worried
The intellectual property professional community has recently woken up to a convention which, if ratified, will have a direct negative impact on the way in which intellectual property owners will be able to collect royalties, and even control their intellectual property assets, once they are in the hands of a licensee. The intellectual property could end up being controlled by third parties such as banks with whom the licensor has no contractual relationship.
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