Whether IP is owned or merely licensed from IP ownership vs. contractor

Situation

After IT diligence showing two ERPs and no chart of accounts map, IP ownership vs. contractor agreements is what IP diligence counsel's financial counterpart can touch in a strategic buyer looking at a carve-out from a conglomerate. M&A Due Diligence will live with IP is owned versus Merely licensed on this Earnings and Revenue Quality file.

Decision

IP diligence counsel's financial counterpart in a strategic buyer looking at a carve-out from a conglomerate must choose IP is owned / Merely licensed using IP ownership vs. contractor agreements after IT diligence showing two ERPs and no chart of accounts map — specific to IP ownership vs. contractor agreements after IT diligence showing two ERPs and no chart of accounts map on this M&A Due Diligence Earnings and Revenue Quality file for IP diligence counsel's financial counterpart in a strategic buyer looking at a carve-out from a conglomerate.

Hypotheses to test

• IT diligence showing two ERPs and no chart of accounts map is noise around an already-controlled Earnings and Revenue Quality process in a strategic buyer looking at a carve-out from a conglomerate, given IP ownership vs. contractor agreements.
• IT diligence showing two ERPs and no chart of accounts map is the event in IP ownership vs. contractor agreements that forces IP is owned for IP diligence counsel's financial counterpart under M&A Due Diligence.
• IP ownership vs. contractor agreements shows a one-file miss after IT diligence showing two ERPs and no chart of accounts map, not a Earnings and Revenue Quality program failure.
• IP ownership vs. contractor agreements cannot decide IP is owned or merely licensed yet after IT diligence showing two ERPs and no chart of accounts map; hold is the only M&A Due Diligence close a strategic buyer looking at a carve-out from a conglomerate can defend.

Analysis required

• Tie quality-of-earnings, working-capital, and contingent items in IP ownership vs. contractor agreements to IP is owned or merely licensed.
• Name the document IP diligence counsel's financial counterpart still needs before signing.
• Test whether IT diligence showing two ERPs and no chart of accounts map is a diligence gap, a price chip, or a walk-away.
• For this M&A Due Diligence Earnings and Revenue Quality file, read IP ownership vs. contractor agreements against IT diligence showing two ERPs and no chart of accounts map and write the one fact that would move IP is owned or merely licensed for IP diligence counsel's financial counterpart.