IP Risks in Transactions

IP Risks in Transactions

Don’t let Intellectual Property disputes jeopardise the deal

Picture this.
You’ve worked hard. You and your partners have taken risks. Naturally, you’ve had to leap a few hurdles and dodge a few bullets over the years – but it looks like it’s all about to pay off. They love your tech. They like your team and they’re ready to sign. The Champagne is on ice.

But their lawyers are insisting on bullet-poof IP representations, with cast iron warranties of non-infringement and title. They want cash held in escrow, just in case there's a problem.

With Transactional IP Insurance from La Playa, you can ring fence your IP liabilities and transfer the IP risk to your insurer before your deal comes unstuck.

For customers in the UK, Europe and the USA we provide security and peace of mind to those involved in the sale or purchase of intangible assets. Our solutions are specifically designed for Representations and Warranties in respect of the validity or non-infringement undertakings applying to IP Rights (Patent, Design, Copyright and Trade Mark), whether it’s a:

  • Fund-raising deal
  • Licensing transaction
  • Sale or purchase of a single asset
  • Sale or purchase of a portfolio of assets, or
  • Corporate sale or merger.

Coverage Highlights

  • Defense costs and damages for IP infringement actions (including patent)
  • Worldwide cover available
  • Aggregate policy limits of up to £50m/$50m
  • Options to extend cover for Open Source infringements & Trade Secrets

Contact us anytime about your specific requirements.

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“La Playa: Insurance with Intelligence. Passionate. Discerning. Independent.”

 

Ready to work with us?

You can call us to talk more about your business on +44 (0)1223 200650 or +44 (0)20 3865 0149

What's Covered?

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About La Playa Media & Digital

Specialist & Independent

Specialist & Independent

La Playa's specialist Mediatech team can help you protect your business with smart, flexible, high-performance insurance - with a friendly human UI. We understand the risks and pressures you face - and we speak your language. We’ll support you with great advice - helping you make good decisions for your organisation. Our exclusive portfolio policies can help streamline costs, and we’ll always help you stay ahead of the game in managing risk.

In-house IFA

We also offer Business Protection (including Key Person Insurance) and Employee Benefits: a joined up approach with a team of advisers working for your best financial interests - all under one roof

Advice You Can Trust

…from an expert who understands you

Tech-based business is 24/7, global and borderless, exposing you to new risks and liabilities - often in unfamiliar places. As the law struggles to keep pace with technology, insurance can provide a real safety net if you fall foul of changing legislation.

  • Specialist insurance for media and digital businesses
  • Independent professional advice
  • Relationship-based service: right beside you when you make a claim
  • “Can do” culture
  • Seamless insurance across UK and US
     
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Tracey McCreath ACII

DIRECTOR, MEDIA, ARTS & ENTERTAINMENT

Direct Dial: +44 (0) 1223 200655

Email: tracey.mccreath@laplayainsurance.com

Twitter: @TraceyatLaPlaya