Acting for a major national distributor of car motor parts, we received instructions to advise on his client’s acquisition of all the intellectual property rights in a name famous in the motor industry. The challenge here was that the Seller was a company based in the USA, and the agreement which the Seller required was to be governed by US law. A further problem was that the whole issue was extremely urgent. we reviewed the terms offered to his clients and advised on amendments and further protections, and negotiated this agreement successfully to a conclusion as a matter of urgency over tight timescale.
We identified and instructed a firm of US lawyers to review our advice to make sure that there were no issues of US law which should be taken into account and which of course we would have been unaware of.
