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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.

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December 18, 2021
Partner Loc Xuan Le shared his thoughts on Vietnam’s accession to the WIPO Copyright Treaty (WCT), a special agreement under the Berne Convention, with a reporter from Asia IP magazine in a recent article: “In my opinion, Vietnam’s Law on Intellectual Property has already covered and satisfied WCT’s requirements, so the accession to WCT is just us acting on our commitment when we joined the EU – Vietnam Free Trade Agreement and the Comprehensive and Progressive Agreement and Progressive Agreement for Trans-Pacific Partnership. By joining WCT, Vietnam ensures that we shall provide IP rights protection at international standards, which I believe is crucial in developing Vietnam as an attractive business destination for foreign investors.” Loc further added, “On the other hand, Vietnam has a strong and growing community of artists who generate content on the Internet daily, so the official accession of Vietnam to WCT shall provide solid legal grounds to protect Vietnamese creators in the digital era. This, in return, shall act as an incentive to promote the creative sector.” Asia IP, published by the Apex Asia Media Group, is a leading source for analysis of the IP issues facing companies in Asia, and a source of market intelligence for IP owners in the region. The full article can be read at the Asia IP website.
December 3, 2021
Asia Business Law Journal (ABLJ) has published a story on Tilleke & Gibbins’ recent addition of Derrick Khoo to the Tilleke & Gibbins regional corporate and M&A team. As the article notes, Derrick came to Tilleke & Gibbins after several years as a general counsel handling a wide variety of international corporate legal matters. He is particularly experienced in cross-border transactions and M&A deals, growth equity investments, pre-IPO investments, corporate real estate, and other corporate and commercial legal matters. In the article, his arrival at Tilleke & Gibbins is welcomed by Kobkit Thienpreecha, partner and director of the firm’s corporate and commercial group, who explains that Derrick is joining the firm at the same time that Thailand has been taking steps to support regional financial integration and cross-border investment opportunities. With the addition of Derrick’s expertise in these areas, Tilleke & Gibbins is broadening its capability to facilitate a greater variety and volume of these activities, in keeping with an anticipated uptick in associated transactions. For more details on this development, please see the ABLJ website.
December 3, 2021
On December 2, Michelle Ray-Jones and Ploynapa Julagasigorn hosted a Licensing Executives Society (LES) Thailand webinar titled “IP Valuation and IP Implications of Thailand’s New Trade Competition Act.” In the first part of the webinar, Michelle introduced the webinar and emphasized the importance of IP valuation as the digital economy flourishes. Ploynapa then joined two other speakers to provide insights on the latest trends in IP valuation, highlight trademark valuation matters, and share their knowledge and experience with IP valuation, from both financial and legal perspectives. The webinar gave LES members a better understanding of the actual value of their IP assets and their brands, and facilitated greater connections among Thailand’s IP commercialization community.
November 26, 2021
On November 25, Wiramrudee (Pink) Mokkhavesa, a partner in Tilleke & Gibbins’ intellectual property group in Bangkok, joined a panel in an ASEAN IPA webinar titled “Online Enforcement of Intellectual Property Rights.” Together the panelists discussed the impact of internet-based technologies and possible strategies for tackling infringement in the ASEAN region. Wiramrudee, who represented Thailand, was joined on the panel by speakers from Singapore and Vietnam. The webinar provided an overview of the online counterfeit trade and how it affects all types of businesses, from multinationals to SMEs, and discussed the most relevant current and future online counterfeiting threats. Panelists then exchanged views on approaches to dealing with these emerging online infringement risks to ensure that attendees are prepared to face the latest counterfeiting and infringement trends. The session concluded with a Q&A session and a closing statement by the moderator.