Review of professional contract for conditional assignment and publishing contract of musical copyright works.

Law firm Veat has reviewed music publishing contracts for an intellectual property specialist company, examining the legal aspects.

Law firm Veat’s TIP (Technology Intellectual Property) team successfully performed the complex contract review work of distributing musical works of domestic songwriters as publishers. In this process, the Law firm Veat TIP team comprehensively analyzed various legal aspects, including whether it falls under “work for hire” under copyright law, prepayment recovery clauses, and the applicability of the Usury Law, to enable the client to conduct publishing activities without legal risks.

The Law firm Veat TIP team meticulously examined the comprehensive sublicense grant clauses and litigation authority within publishing contracts, identifying potential affiliation with “work for hire” and intellectual property agency businesses, and provided legal interpretation suitable for the client’s business model.

Regarding the applicability of the Usury Law, the team deleted or modified relevant clauses in the publishing contracts that could be interpreted as usury and restructured the prepayment recovery clause to be favorable to the client.

Furthermore, the team carefully examined copyright issues arising from distributing works entrusted to the Korea Music Authorship Association. The Law firm Veat TIP team drafted a copyright assignment agreement subject to conditions required for submission to the Korea Music Authorship Association and guided the client to comply with the relevant procedures. The team also meticulously examined compliance with relevant statutes, such as the Civil Procedure Act, regarding the publishing contracts to enable the client to effectively prepare for and mitigate legal risks and establish a stable foundation for business operations.

TIP team with high expertise in copyright and intellectual property fields

The Law firm Veat’s TIP team comprehensively examines legal aspects related to the client’s contract drafting and, through its expertise in copyright and intellectual property management, helps the client to operate its business without legal issues.

The Law firm Veat’s TIP team handled a lawsuit against a publishing company that infringed the personality rights of a famous classical pianist, and this case is highly regarded as a case that emphasizes the independent rights of copyright holders and reaffirms important principles of the copyright law.

The Law firm Veat’s TIP team, led by Partner Oh Seungjong, who served as Chairman of the Copyright Committee, is composed of experts with deep professional expertise and practical experience in the field of copyright and intellectual property. The TIP team plays a role as a reliable support for creators who need legal protection, protecting their rights and actively responding to infringements of copyright and intellectual property rights.

In the complex and diversified copyright and intellectual property legal environment, the professional support of Law firm Veat proves its value as a trusted legal partner.

If you need legal advice regarding publishing licenses, such as copyright assignment agreements subject to conditions, please contact Law firm Veat.

Thank you.

Law firm Veat