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Intellectual Property Rights

An introduction to Intellectual Property Rights

Intellectual Property Rights (IP) are primarily made up of:

  • Copyright.
  • Trade Marks.
  • Patents.
  • Designs.
  • Trade Secrets and Confidential Information.

They provide a monopoly right for your use and you may wish to licence third parties to commercially use your IP on agreed terms. Anyone using the IP rights without permission, or outside the terms of the licence, would be potentially infringing such rights, which would certainly allow you, the owner, to take legal action, seek an injunction and claim damages or an account of profits.

IP is a vast area touching on software, literature, music, images, inventions, pharmaceuticals, clothing designs, bespoke furniture – the list is endless. In fact, all around you is IP of some sort.

IP Advice

We can offer you expert advice relating to:

  • Protecting and enhancing your IP, which might mean registration.
  • Commercialising your IP by creating and advising on Licence Agreements as well as franchise, joint venture and collaboration agreements.
  • Disputes concerning your IP, whether to do with ownership, infringement or royalty disputes.
  • Auditing your IP to identify its value and any risks.

Given these points don’t underestimate the value of the IP you create, whether it is a logo/brand name or an invention or a design feature. As a matter of fact, Intellectual Property is an essential part of the value and goodwill of your business. For that reason, you need to protect it and ensure that others respect your ownership.

For Clear, Precise Intellectual Property Advice, speak with one of our Commercial team on 01772 555 176 or email webenquiries@vslaw.co.uk

Meet our team of experts

Corporate and Commercial Law

Michael Sandys

Call today 01772 28 03 29 Email michaelsandys@vslaw.co.uk

Michael Sandys is Corporate and Commercial Law Director at Vincents Solicitors.

Michael is qualified as both a Barrister and a Solicitor having a Law Degree from King’s College London and a Masters in International Law from University of Liverpool.

Read Michael’s full bio here.

Company and Commercial Law

Drew Barrow

Call today 01772 555 176 Email drewbarrow@vslaw.co.uk

Drew is a Solicitor Apprentice due to qualify in Summer 2024. He is a trainee working in the Corporate and Commercial department, also dealing with IP and Employment Law.

Read Drew’s Full Biography

Corporate and Commercial Law

Karen Sandys

Call today 01772 280 331 Email karensandys@vslaw.co.uk

Karen Sandys is a Corporate and Commercial Legal Administrator at Vincents Solicitors.

Read Karen’s full bio here.

Michael Sandys, Vincents Solicitors
Corporate and Commercial Law Michael Sandys
Drew Barrow, Vincents Solicitors
Company and Commercial Law Drew Barrow
Karen Sandys, Vincents Solicitors
Corporate and Commercial Law Karen Sandys
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Frequently asked questions

Advice on the correct business entity to use.  Help with Terms and Conditions, contracts and protecting the Intellectual Property created by you.
We can assist you with reputation management and advise on defamation, privacy and brand protection. 
By having the correct policies and procedures in place including Non Disclosure Agreement’s (NDA’s) and using copyright database rights.  We have the experience to guide you through this.
We can advise on the various types of business trade marks whether a creative logo/ design or a name and help you through the process of protecting your rights in the UK and Europe.
We advise clients on different types of banking documents providing securities such as debentures and guarantees and assist with the negotiations.
Yes, we can provide advice regarding Settlement Agreements and provide the necessary Certificate of Advice.
We review, advise upon and draft Commercial contracts, including Terms & Conditions, Joint Ventures contracts, Distribution and Agency contracts and more.  We can also advise on business contract disputes.
We can advise on shareholder rights, and the statutory duties of a director as well as drafting Shareholder Agreements, Articles of Association and dealing with contentious regarding Shareholder Disputes.
We can deal with transfers of IP rights and licensing or as part of a wider business sale or re-structure.  We also deal with the protection and registration of IP rights as well as IP related disputes.
We deal with the sale and purchase of Assets/ Goodwill and Shares, acting for both buyers and sellers in various business sectors.

Company and Commercial Law Client Reviews

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Corporate and Commercial

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I turned to Vincent’s with a challenging situation that needed very careful handling. Michael and Drew were respectful, understanding and supportive. This made them easy to liaise with and I always felt they had my back. Good at listening to what I wanted, we worked together in finding the best way to draw the matter to a close. This eased my stress and worry. I now highly recommend their services to anyone who needs legal advice and help. Thank you both.

 

Lesley Calland, Founder, myonlinecoach limited, Corporate and Commercial Preston
Commercial Clients Review

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I have been using Michael Sandys for commercial legal work for 20+ years. He has been a true asset to my business, dealing with many issues during that time.

Anon, Corporate and Commercial Corporate and Commercial Preston
Corporate and Commercial Client

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I found Michael supportive throughout the process of selling my small business. I particularly appreciated how promptly he replied to any queries I had. I felt completely confident in the advice he gave me and want to thank him and his team for all their assistance.

S N Eaves, Corporate and Commercial Preston
Corporate and Commercial Client

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Thanks Michael, and Drew, everything seems to have gone through smoothly.

I really appreciate the work both have you have done during this process. You have acted both professionally and also very personably, which I feel is important in such a business transaction. Based on my experience, I would have no hesitation in recommending you both personally should someone require similar services.

Thanks again

S Applegate, Corporate and Commercial Preston
Working together for 20+years

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I have been using Michael for commercial legal work for 20+ years.  He has been a true asset to my business, dealing with many issues during that time.

Commercial Law Client, Commercial Law Corporate and Commercial Preston
Business Sale

Supportive and Responsive

I found Michael supportive throughout the process of selling my small business. I particularly appreciated how promptly he replied to any queries I had. I felt completely confident in the advice he gave me and want to thank him and his team for all their assistance.

S N Eaves, Company and Commercial Client Corporate and Commercial

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