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April 2007


Question: I am an independent individual inventor holding IPR in the form of PCT application cleared for national phase entry with affirmative patentability report from WIPO. I am planning to auction my IPR for 123 countries on net directly by a dedicated my own website. All required details will be put on the site. However, I would like to find out any specific legal requirement I may have to comply regarding investor protection etc.

Answer: Sounds like you have received authorization to file at the national level in the PCT countries. PCT applications are published after 18 months. If you are only disclosing what is already published, you are not jeopardizing your rights. As each countries’ laws vary, you would have to consult an attorney in the particular country involved once you have a pending sale. If you have a local patent attorney, he/she can assist with this as well.

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Nothing in this blog is meant as legal advice and should not be taken as such and no legal opinions or advice have been expressed. If you have legal questions specific to your individual needs, then you should consult with an attorney or other qualified legal professional.