The article considers certain problematic aspects regarding the invalidation of intellectual property rights (protection documents) and their legal consequences. Author proves that when intellectual property rights expire, they end their term of legal protection by virtue of the law, taking into account the temporary nature of such rights. If a person registers rights or an object of intellectual property, receives a protection document, but knows that such an object does not really meet the conditions for granting legal protection, and enteres into contractual relations with respect to it, the counterparty of such a person (a party to the contract) also has the opportunity to initiate the invalidation of such a contract on the basis of Art. 230 of the Civil Code of Ukraine. Within the invalidation of deeds regarding invalid intellectual property rights, one should also proceed from whether such contracts were fulfilled in full or in part and whether such a method of protection as the recognition of a contract (deed) as invalid will become an effective way of protecting civil rights and restore the violated, unrecognized or contested right. The situation remains unregulated, when intellectual property rights to an invention, a utility model are recognized partially invalid, and individual independent clauses of the claim of the invention (utility model) or signs of the appearance of the industrial design are excluded from legal protection. It has been proven that invalidation of intellectual property rights to an invention, utility model or industrial design, invalidation of a trademark certificate will de facto reduce the authorized capital of the business company (to which they contributed) in the amount of the monetary value of these rights, which was approved by the participants (founders) when they were introduced. If a member of the company has contributed to the authorized capital of the business company exclusively with property rights of intellectual property, it would be expedient to give him the opportunity to contribute money, securities or other property, unless otherwise established by law, to replace this contribution.
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