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Posted: Sun May 19, 2013 10:57 am
by Jamie.73
Just interested to find out what happens to an IVA when an IP leaves a company. Does the IVA go with the IP or remain with the company. Also what would happen if an IVA provider suddenly found them selves with out an IP?
Posted: Sun May 19, 2013 2:39 pm
by Shining
The IVA would remain with the company I believe and you would be under the guidance of a new IP.
Posted: Sun May 19, 2013 6:28 pm
by MelanieGiles
It really depends if the IVA agreement itself provides for any successiomn in the event of an IP leaving or retiring. It is usual for a replacement IP to be used within the same firm, and the issue of a firm finding themselves without an IP is not relevant, as IVAs belong to the IP personally and not the firms they work for - so technically the case would move with the IP.