Patent licensing with the right owner on the other side
Patent licensing is an agreement in which the owner of a patent lets someone else make, use or sell the invention in exchange for royalties or other terms. A license is only as good as the licensor's title. Assignee shows who owns the patent according to the record, under which names, and whether anything is recorded against it, before anyone signs.
Confirm the licensor before you sign
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Ownership report
- Fetching USPTO assignment records
- Reading conveyances
- Linking assignors to assignees
- Checking for gaps and open security interests
Current owner of record
Owner of record
Phinia Jersey Holdings LLC
Recorded on
May 31, 2024
Reel and frame
067592 / 0662
Conveyance
Assignment of assignors interest
Chain of title
-
Assignor
Assignee
- Execution date
- Recorded
- Reel and frame
Open document
Title risk flags
No issues found in this check
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This report shows what is recorded at the USPTO. Assignments that were never recorded do not appear in any public register. It is not legal advice.
For licensees
- Confirm that the licensor is the owner of record of every licensed patent
- Find patents the licensor holds under former names or in subsidiaries
- Check for security interests that could put a lender between you and the patent
- See whether the patent changed hands since the term sheet
- Monitor licensed patents so a sale does not surprise you
Assignee
Western Pacific Bank
Halvard Robotics, Inc.
Execution date
May 28, 2019
Recorded
Jun 4, 2019
Reel and frame
049310 / 0577
Security interest without a recorded release
For licensors
- Show a clean chain of title to the licensee with a report linked to the record
- Find and fix missing inventor assignments before a licensee's counsel does
- Build the list of patents to offer with the patent assignee search
- Find the current owners of patents you want to license in or out
Aug 11, 2016 · 039468 / 0212
Daniel R. Okafor, Mei Lin Tran
Assignment of assignors interest
Aug 11, 2016 · 039468 / 0212
Halvard Robotics, Inc.
Jun 4, 2019 · 049310 / 0577
Western Pacific Bank
Security interestMar 18, 2021 · 055812 / 0391
Corvane Holdings LLC
Owner of record
Ownership questions in every patent license
| Question | Why it matters |
|---|---|
| Who is the owner of record | Only the owner, or someone it authorized, can grant the license |
| Are there co-owners | A co-owner in the US can usually license without the others, which affects exclusivity |
| Are there recorded liens | A secured lender may have rights in the patent if the licensor defaults |
| Did the patent change hands recently | The new owner may not be bound by terms you negotiated with the old one |
| Is the chain of title complete | Gaps can weaken enforcement, which affects what the license is worth |
Learn more about patent licensing
Read about patent license agreements and the clauses that depend on ownership, and about patent licensing companies and how they work. For deal level reviews, see patent due diligence.
Owner of record
Ostrava Medical Devices LLC
Recorded on
Jul 22, 2019
Reel and frame
049841 / 0907
No issues found in this check