Associate Joanna Chen, Esq. and Managing Partner Daniel M. Cislo, Esq. of Cislo & Thomas LLP recently published an article entitled “Intellectual Property Licensing Agreements and How Definitions of ‘Affiliates’ or ‘Subsidiaries’ Can Make or Break Your Licensing Agreements” in the August 2015 issue of the Licensing Journal.
The article discusses the importance of defining terms such as “affiliates” or “subsidiaries” by providing five cases that serve as cautionary tales relating to the legal ramifications of foregoing definitions relating to temporal limitations in IP licensing contracts. The cases in the article are from different jurisdictions and any comparisons between the cases are only to serve as points of consideration when drafting a contract, regardless of jurisdiction.
Click here to read the full article.