Insolvency law specialist Nick Pike of Pinsent Masons, the law firm behind Out-Law.com, said that in most situations business-related IP stored on electronic devices used by staff for work purposes will belong to the company. He said it is common for administrators to look to “secure and preserve” that IP when they are appointed following an insolvency event.
However, Pike said that the recovery of IP by administrators has become more challenging as a result of the rise of mobile working and the fact many companies now allow staff to use their own personal laptops and smartphones for work purposes.
“IP and other commercially sensitive information are important assets for businesses,” Pike said. “Administrators often have to sec…
Read the full article at: http://www.out-law.com/en/articles/2016/march/staff-use-of-personal-devices-can-complicate-recovery-of-ip-in-insolvency-situations-says-expert/