» Termination of Verbal Contracts
Our free online Resources include a number of guidance notes plus our popular Top IP Tips to help get you started.
You can not just terminate with immediate effect an agreement which is verbal. You will usually be required to give your licensee reasonable notice.
It may be that you can not terminate certain types of licence at all. If your customer has paid to use a copyright work (or any other intellectual property right) for a particular purpose, then it may be impossible to stop such a use. It may however be that there is a time limit on the right to use the intellectual property right, and what constitutes “reasonable” notice will be related to the overall time that the right has been used and is expected to continue.
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