How do I withdraw my patent assignment from my LLC?

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I formed an LLC with another person, I am co-inventor of patents assigned to this entity, I would like withdraw my assignment and recover my property.

Attorney Answers

3
Phillip Smith ·
Hopefully you have a written assignment agreement. This agreement needs to be reviewed by a patent or business attorney because it should contain express provisions as how you can terminate the assignment. A patent is a very valuable right. Do not attempt to resolve this matter without sound legal advice.
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John Warwick CaldwellPatent Application AttorneyPhiladelphia, PA ·
Assuming that the 'other person' is now adverse to you and unwilling to cooperate, you may be in a pickle and very much in need of counsel. Of course if the other person cooperates, accomplishing this is simple. Execute an assignment back from the LLC signed by whomever controls it. Of course, you will then have nothing better than an undivided interested in the whole of the patent; the other inventors having simiilar rights. If valuable, you really need a seasoned patent attorney to assist with this. All thebest J
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Shawn Jackson ·
Most, but not all, of your rights to the assignment and the revocation or withdrawal of the patent assignment will be hopefully outlined in the actual assignment agreement. Although there may be a variety of vested rights affecting your ability to "change the arrangement", you may want consider a mutual settlement agreement between all the parties. There are a variety of law firms that offer either no cost or low cost mediation services. By Grace... Shawn Jackson ESQ. (707) 584-4529 Business Development Attorney EMAIL: [email protected] www.CaliforniaBusinessDevelopmentAttorneys.com www.CaliforniaBusinessDevelopmentCenter.com www.CaliforniaBusinessDevelopmentPlans.com www.CaliforniaBusinessDevelopmentIncubator.com No communication resulting herein shall create an attorney-client relationship unless a separate retainer agreement is signed by attorney and client. The information provided neither is legal advice nor is it conveyed in the course of an attorney-client relationship, but is intended merely as a general overview with regard to the subject matter covered. You should not act upon this information without seeking professional counsel such as any attorney in this office in a subsequent email communication (agreement) and the formation of an attorney client relationship.
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