In any corporate transaction involving acquiring a business or a
stake therein, the acquirer conducts due diligence of the
targets' assets and liabilities, in order to derive comfort
that the business is as has been informed to the acquirer and to
analyze the risks of the business, as currently conducted. With the
help of an appropriate due diligence exercise, the acquirer weighs
the assets, liabilities and potential risks associated with the
transaction, analyze the extent to which any liabilities or risks
could be minimized, and finally negotiate the total value for the
transaction.
Intellectual property (IP) due diligence is an integral part of
the legal due diligence process as often tremendous worth is
associated with the intangible assets of the business particularly
in contemporary times. Accordingly, IP due diligence involves
analyzing the intangible assets of a business, checking valid
intellectual property rights subsisting therein and scope of