The licensing and efficient structuring of Intellectual Property (IP) and Royalty Rights is an important consideration for businesses, international entrepreneurs, sports stars, entertainers, fashion models and performers.
With the potentially short period of earning opportunity and the increasingly complex nature of the international entertainment, media and sports industries, it is essential to tailor a solution that will maximize the earnings potential from personal image rights, appearance and performance fees, sponsorships and endorsements and the licensing of trademarks, publications and recordings.
Intellectual Property law is an area in which Jersey aims to be as modern and competent as possible. In December 2012 a new law governing copyright and other unregistered intellectual property rights came into force with the objective of establishing a modern, effective legislative framework for individuals and businesses that create IP. This marked a significant change in the legal framework in particular in relation to copyright. Vast amounts of intellectual property material is protected in Jersey due to the UK’s membership of various conventions
As well as protecting IP, a structure should also be forward-looking to ensure accumulated wealth is protected and able to provide security for the future and for a client’s family.
At HIGHVERN we have 50 years heritage in the creation and administration of innovative and effective estate planning solutions including for those involving IP. We have the depth of experience, knowledge and systems to ensure that each structure is robust and able to meet all regulatory and other criteria