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I was recently involved in a collaboration with a friend on the creation and development of intellectual property for a work of fiction (characters, plot devices, etc.). My collaborator (who originated the seed ideas of the IP) gave me written permission via email to take over development of the IP. I did so, and sought further permission to write a novel based on the IP, which was granted.
At this point, my collaborator is expressing regret regarding my takeover of the IP. We have agreed that I may continue to write a novel based on our co-developed IP and that I may seek publishing of this novel. I offered to buy exclusive rights to the IP from my former collaborator, but was declined, with the caveat that he will take no legal action against me.
I know I can't expect free professional legal advice online, but some pointers would be appreciated.
At this point, my collaborator is expressing regret regarding my takeover of the IP. We have agreed that I may continue to write a novel based on our co-developed IP and that I may seek publishing of this novel. I offered to buy exclusive rights to the IP from my former collaborator, but was declined, with the caveat that he will take no legal action against me.
I know I can't expect free professional legal advice online, but some pointers would be appreciated.
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