You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

June 24, 2011

Tips on Buying IP in Asia

Managing Intellectual Property

Alan Adcock, Partner and Deputy Director of the IP group at Tilleke & Gibbins, was a panelist this week at Managing Intellectual Property’s second annual China-International IP Forum in Beijing. Following the successful event, Managing IP published an article highlighting Alan’s advice for companies acquiring intellectual assets in Asia.

Focusing on the differences between acquisitions in Asia and those in Western countries, Alan emphasized the importance of entering the process with well-defined objectives and conducting thorough due diligence. “Asian clients a lot of times don’t understand the non-disclosure agreement. Due diligence is a strategic part of the transaction where you can tell the seller to clean up the IP portfolio,” Alan told the audience. He also talked about clearly identifying the IP that the buyer would like to purchase, as well as transitional arrangements to facilitate the acquisition.

RELATED INSIGHTS​ 

December 12, 2022
Thomas J. Treutler, partner and managing director of Tilleke & Gibbins’ Vietnam offices, was recently appointed co-chair of the IP Practice in the Far East Committee of AIPLA (American Intellectual Property Law Association). Thomas will serve a two-year term in this capacity, through October 2024. AIPLA, which celebrated its 125th anniversary in 2022, is a U.S.-based professional organization for intellectual property practitioners that provides professional support and promotes an effective and balanced IP system through advocacy, education, training, and community outreach. While the association’s primary constituency is American lawyers, AIPLA also welcomes international members and encourages the cross-border exchange of information on IP practices. The IP Practice in the Far East Committee, in particular, is a resource, forum, and network for AIPLA members interested in the IP laws and systems of Asian countries. In his role as co-chair, Thomas will help the committee build relationships with IP associations in countries in east Asia, including Vietnam, and provide research reports on the local IP laws and practices of those countries, while also sharing information on U.S. IP law and practice.
November 28, 2022
Suebsiri Taweepon, a partner in Tilleke & Gibbins’ intellectual property group in Bangkok, was elected president of the Intellectual Property Association of Thailand (IPAT) when the association’s board members convened an online voting session to select new leadership. Suebsiri was the unanimous choice of the 15 board members of IPAT. As president, Suebsiri will guide IPAT in setting its program of seminars and events related to current developments in intellectual property in the country. He will also represent the association and provide oversight in relation to IPAT’s participation in regional and international initiatives. Established in 1972, IPAT is a leading intellectual property association in Thailand, and Tilleke & Gibbins has played an active role in the ongoing development of the group for many years. Darani Vachanavuttivong, managing partner of Tilleke & Gibbins and managing director of the firm’s intellectual property practice, served on IPAT’s board from 2001 to 2019 and was president of the association from 2005 to 2009.
September 19, 2022
Charuwan Charoonchitsathian, a partner in Tilleke & Gibbins’ corporate and commercial group in Bangkok, was featured in a recent Asian Legal Business article on M&A trends and how firms are adapting their transactional legal work to embrace new technologies. The interview was part of their September 2022 issue, in which the magazine announced their annual Asia M&A rankings. Charuwan represented Tilleke & Gibbins (which received rankings in both Thailand and Vietnam) to offer insight into how the firm has seen various new technologies gain prominence in the M&A space in Southeast Asia. She noted that companies around the world are getting more deeply involved in technological approaches such as DeFi, blockchain, and various other Web3 innovations. She also explained why it is important for lawyers to understand these technologies in order to provide relevant and effective legal services to facilitate deals between companies in these sectors. She raised the example of Tilleke & Gibbins, which has a “dedicated technology practice group which brings together commercial, IP, and disputes lawyers who each have extensive knowledge and expertise in these emerging business areas. Our experts provide regulatory advice and analysis on how the governments in our jurisdictions will regulate Web3 technologies – not just how they are doing so now, but how they are likely to do so in future – to help future-proof transactions with a substantial technology element.” Asian Legal Business, owned by Thomson Reuters, is a leading source of information for businesses and professionals active in the region. To see Charuwan’s full comments, please see the September issue of Asian Legal Business.
August 1, 2022
On July 27, Dino Santaniello, head of Tilleke & Gibbins’ office in Laos, spoke at a breakfast talk on intellectual property law. The breakfast talk, which was held in a hybrid format to accommodate remote attendees, was organized in collaboration with Department of Intellectual Property, the European Chamber of Commerce and Industry in Laos (ECCIL), and the South-East Asia IP SME Helpdesk. Dino was joined by the director of the Department of Intellectual Property in Laos, who discussed the benefits of trademark registration, principles and functions of a geographical indication. Dino then highlighted current enforcement measures as well as the importance of registered trademarks for international and Lao companies to ensure that brands are well-aware of their rights and protections under the law. The ECCIL promotes the interests of the European business community in Laos and serves its members by organizing events and networking opportunities and assisting European companies with market entry into Laos. For more details, please see the ECCIL website.