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Hi, Thank you for your question and welcome. My name is ***** ***** I will assist you. Is the new company using the shared asset? Are you owed the money as licensor of the asset? Kind regards AJ
Hi, Thank you. There are two issues here:
(i) Do you want to sue the old company to recover the debt of £10k?
(ii) Was the license assignable to another entity? If no then you should look to terminate the license or agree a new one with the new company that involves you being repaid the money you are owe. If the answer is yes, the license is assignable - did you receive a notice of assignment?
Hi, Thank you.
The easiest way to recover the money, as I have said maybe to commence a negotiation to produce a new licence with the new company. Do you have any rights to terminate the licence?
If you want to sue the old company, as it is not dissolved or in liquidation, you can start a money claim here
Do you have a copy of the license I can review? Kind regards AJ