Thursday, 27 November 2014
Under Resolution 117/2014 of 9 June 2014, registration of licence agreements is voluntary. However, registered licence agreement will be enforceable against third parties since the latter will be deemed to have notice of them.
The new registration facility is available for both domestic licence agreements and those between Argentine licensors and foreign licensees. Although it is not explicitly so provided in the Resolution, the authorities have indicated their understanding that it will also apply to licence agreements executed between foreign residents.
Source: "INPI Creates a New Registry of Licenses", contributed to the INTA Bulletin by Juan M. López Mañán (Marval, O’Farrell & Mairal, Buenos Aires)