Intellectual Property (IP) refers to the protection of creations of the mind, which have both a moral and a commercial value.
IP law typically grants the author of an intellectual creation exclusive rights for exploiting and benefiting from their creation. However, these rights, also called monopoly right of exploitation, are limited in scope, duration and geographical extent.
IP protection is intended to stimulate the creativity of the human mind for the benefit of all by ensuring that the advantages derived from exploiting a creation benefit the creator. This will encourage creative activity and allow investors in research and development a fair return on their investment.

 

 

Intellectual property practice of the JUSTARC Law Firm focuses on the following matters:
  • IP audit and IP due diligences
  • Legal support related to registration, assignment and cancellation of both international and local trademarks, patent inventions, utility models, and industrial designs
  • Legal support in recognition of trademarks as well known in Ukraine
  • Structuring transactions involving assignment or acquisition of IP rights, franchising, sale-purchase and distribution agreements
  • Ensuring both judicial and non-judicial measures, in particular, vis-a-vis state courts, SIPS, AMC authorities in terms of protection and securing of IP rights
  • Assessment of IP rights, advising on taxation matters related to transactions with IP rights/objects
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IP confers on individuals, enterprises or other entities the right to exclude others from the use of their creations. Consequently, intellectual property rights (IPRs) may have a direct and substantial impact on industry and trade as the owner of an IPR may – through the enforcement of such a right – prevent the manufacture, use or sale of a product which incorporates the IPR.
For this reason control over the intangible asset (IPR) connotes control of the product and markets.
IP protection encourages the publication, distribution and disclosure of the creation to the public, rather than keeping it secret while at the same time encouraging commercial enterprises to select creative works for exploitation.
Intellectual property legal titles relates to the acquisition and use of a range of rights covering different type of creations. These may be industrial or literary and artistic.

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