What goes into the Patent Verification Process?

Transactions require IP due diligence. Envision IP works with clients to:

Understanding Patent Priority and Expiration Dates

A patent’s priority and expiration dates are important data points for determining the remaining term of a patent. An early priority date can indicate that a particular patent may be relatively fundamental to its industry. However, an early priority date also indicates a shorter remaining term of a patent. Envision IP provides a clear view of a patent portfolio's average priority date, average remaining term, taking into account any patent term adjustments or extensions.

Patent Ownership

Confirming the true ownership of patent assets is integral to success. The absence of a transferable title by an alleged patent owner can prevent a proper assignment to a buyer.  Envision IP reviews the USPTO maintenance record to confirm that patent assets are in good standing.

Third-Party Liens, Security Interests, and Encumbrances

Third-party liens and security interests may reduce the value of a patent portfolio, and can include financial institution interests to exclusive and non-exclusive license grants. It is especially important to determine any encumbrances which may prevent a buyer from bringing a claim on the patent portfolio against other parties.

Why Envision IP?

We have assisted both buy and sell side parties with many patent verification matters. We have experience in drafting the appropriate assignment documents and filing assignments on behalf of clients, as well as with solving ownership record issues that might be identified prior to closing a transaction.

Mitigate your patent-related risk now.

Invalidate a patent threat. Understand your freedom-to-operate. Value a patent portfolio and assess its true claim scope.