Legal Question in Intellectual Property in California

Ownership of Herb Formula

I have designed an herbal formula with another person that is now being researched for a disease. We do not yet have a patent on the formula. However, we want to split the ownership down the middle.

Can we write a simple document and sign it?


Asked on 1/27/08, 8:06 pm

3 Answers from Attorneys
Ronald Mahurin Law Offices of Ronald Glenn Mahurin

Re: Ownership of Herb Formula

yes. You can even designate yourselves as co-inventors in the document.

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Answered on 1/28/08, 11:34 am
Jonas Grant Law Office of Jonas M. Grant, A.P.C.

Re: Ownership of Herb Formula

You could, but you'd be better off hiring an attorney to draft a joint venture or partnership agreement. And in considering the formation of a corporation or LLC.

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Answered on 1/28/08, 7:59 pm
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Re: Ownership of Herb Formula

Sure; a non-lawyer-drafted document is not as desirable as one that has been professionally created for your specific situation, but is a heck of a lot more useful than an oral understanding or nothing at all. Be sure to make two (or more) originals and both sign and date them all.

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Answered on 1/27/08, 11:26 pm


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