29 September 2017

Bradford Footwear Distributor's Intellectual Property Sale

Author Mtaylor848
Licence Creative Commons Attribution-Share Alike 3.0 unported
Source Wikipedia 


























Jane Lambert

In Brantano - IP and Insolvency 23 June 2017 NIPC East Midlands, I reported that the administrators of Brantano Retail Limited (in Administration) had appointed Metis Partners to market that company's intellectual property rights. I now have to report that Metis Partners have been appointed to market another footwear retailer's IPR, namely those of the Bradford based W Barratt & Co Limited (see Barratts IP Sale 27 Sep 2017 Metis Partners' website).

According to Metis Partners, the assets on sale include:
  • "Goodwill rights in the Barratts brand
  • International trade mark portfolio
  • Customer database of circa 1m
  • Branded website
  • Domain name portfolio
  • Organisational knowledge."
Enquiries and offers should be addressed to Ruby Chan of Metis Partners before 12:00 on 19 Oct 2017. That is not a long time for carrying out searches, risk analysis and asset valuations. If a bid is to be anything more than guesswork a prospective purchaser will need professional advice on the accounting, legal and marketing issues. If a bid is accepted, specialist legal and other professional advice will also be required in the negotiation and drafting of the assignments and other agreements. 

I wanted to find out what had happened in the Brantano sale but I see that it is still listed in the "Current IP Asset Sale" column rather than the "IP Sold" one.

Anyone wishing to discuss this article or IP valuation and sales generally should call me on 020 7404 5252 during office hours or send me a message through my contact form.