Episode 4 of our patent licensing podcast from Meeting Room 7 focuses on termination.
Charlotte Tillett, head of Stevens & Bolton’s life sciences group, is joined by Senior Associate Tom Collins and Associate Joanna Adcock to discuss what needs to be considered - by both the licensor and licensee - should an agreement need to be terminated, and how to prepare for such circumstances should they arise. The episode includes:
- The point at which parties would normally expect a license to end
- What rights parties have to terminate an agreement including material breach, failure to remedy and insolvency events
- Other issues that might impact termination including change of control and validity claims
- The practical points that arise upon termination and how parties might deal with these