Intellectual property multi-party agreement for yarn production
Piper Alderman advised an Australian wool processor about intellectual property for yarn production.
Our client was a leading Australian processor and exporter of wool, including value-added wool products with access to intellectual property to produce yarn. There was an arrangement with an Asia-based processing group housing the plant and equipment embodying the intellectual property for pilot trials. Our client was concerned about title retention issues, intellectual property ownership, and documentation of rights of access.
Piper Alderman’s team drafted a bespoke multi-party agreement that mitigated the client’s risk from the arrangement. After the successful conclusion of the agreement, the parties embarked on an exciting commercial collaboration in an environment where risk was understood and allocated appropriately. We were better placed to offer the service because our team is experienced in commercial contracts and intellectual property protection.
What our client said
Our client’s Commercial Man
“Our advice was provided thoroughly and promptly. Simon understood our situation and requirements immediately and provided exactly what we wanted. Our experience certainly ensured that we would use Piper Alderman again.”