Client: Tech Startup
Industry: Technology & Telecoms
Challenge:
A cutting-edge tech startup developed a unique, patentable innovation that had the potential to disrupt its industry. However, the company lacked the legal knowledge to protect its intellectual property (IP) from competitors and sought Oguntoye & Associates to handle all aspects of IP registration and enforcement.
Solution:
Our team guided the startup through the entire process of filing for patents and trademarks, both locally and internationally. We also provided legal advisory services on licensing agreements, enabling the client to monetize its IP through strategic partnerships while retaining ownership of its innovation. Additionally, we represented the client in an IP dispute with a competitor, successfully defending their rights.
Outcome:
The startup was granted several patents and trademarks, significantly boosting its valuation and market position. The IP dispute was resolved in the client’s favor, ensuring the protection of its innovation and paving the way for further growth through licensing and joint ventures.