Legal Due Diligence · glossary

Intellectual property

Rights in creations, such as copyright in software, trade marks and rights in data. Copyright in an employee's work belongs to the employer, but a contractor keeps it unless he assigns it. The IP review asks whether the group owns its code, in the right company. Report §7 · Chapter 10

Explained in Chapter 10, IP, IT and Data, of Legal Due Diligence.

How it comes up, in Chapter 10
Most of what Solaris is worth is not physical. It is the Helia platform, which runs custody and settlement, and the customer relationships that run across it. This workstream covers the intellectual property (IP: rights in software, brands and data), the IT systems and the personal data.
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