Darya Lando took part in the round table “Emerging Markets of the Eurasian Economic Union (EEU) – It’s Time to License Your IP Assets”

Darya Lando, PhD, Head of Legal Department, LLC Lexpatent (Belarus), took part as an IP expert in the round table “Emerging Markets of the Eurasian Economic Union (EEU) – It’s Time to License Your IP Assets”, organized by Gorodissky & Partners (Russia) as part of the LESI Virtual Annual Conference. 

The round table discussion began with a speech by Svetlana Khaliullina, Deputy General Director for Legal Affairs, PHARMENTERPRISES, Ltd (Russia).  Svetlana shared her practical experience in registering license agreements in several EEU countries. 

The second part of the round table was devoted to the discussion of legal, business, commercial and practical issues related to the preparation of draft agreements, conclusion, registration, execution and termination of IP license agreements in some EEU countries, namely in Belarus, Russia and Kazakhstan. 

IP experts (Sergey Medvedev, PhD, LLM, Partner, Head of Legal Department, Gorodissky & Partners (Russia), Darya Lando, PhD, Head of the Legal Department, LLC Lexpatent (Belarus), Madina Tursunova, Partner, Legalmax (Kazakhstan)) commented on the specifics of legal regulation and practice of applying the rules on licensing agreements in each of the countries regarding the following issues:

  • license perfection: execution and recordals;
  • essential elements of IP licensing;
  • exclusivity issues: exclusive vs. non-exclusive;
  • choice of law and dispute resolution;
  • best practices and recommendations.

 All participants in the round table discussion agreed that the involvement of patent attorneys and IP lawyers specializing in the legislation of a particular jurisdiction is crucial at all stages of a license agreement. This approach allows you to avoid many mistakes and develop a competent strategy for the preparation and registration of license agreements, as well as protect the rights of the parties to the license agreement in the event of its non-execution or improper execution.