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May 3, 2011

Acquiring IP in Asia: Due Diligence Is Essential

Thailand: IP Developments, Tilleke & Gibbins Client Newsletter

Buyers in an intellectual property acquisition in Asia and the West want to know the same information about the IP they are acquiring, but the process must be conducted differently in Asia. In Western deals, buyers typically can rely on the statements and warranties accompanying the acquisition agreements for the IP, but in Asia, buyers must be more proactive in performing their own due diligence. Buyers should therefore obtain local advice to ensure that there are no hidden difficulties accompanying their newly acquired IP. This article provides a useful checklist that must be considered in a thorough due diligence process.

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Christine Faller