This episode of Tech Talks outlines why intercompany licensing—clear ownership, licensees, and exclusive rights—is vital for operations and litigation standing. It flags exit tax and transfer pricing exposure tied to DEMPE functions and valuation disputes, which can cause double taxation without strong documentation. Mayer Brown partners Jim Ferguson and Jason Osborn, along with host Julian Dibbell, review enforcement nuances for patents, trade secrets, trademarks, and copyrights, and the need to update employment agreements to assign future inventions to the right affiliate. Their takeaway: align structures with business reality and coordinate IP and tax teams early.