Site Rules

Our web site ("the Lipex Site") is made available by LONDON IP EXCHANGE LIMITED ("LIPEX"), a company registered in England with company number 08276679 and with its registered office at 6th floor One London Wall, London EC2Y 5EB, United Kingdom.
In these Site Rules, "we" "us" and "our" mean LIPEX and "you" and "your" mean the person accessing the Lipex Site for any reason.
It is a contractual requirement for visitors to the Lipex Site and for users of our services to adhere to these Site Rules. All users of our services must be aged 18 or over.
It is important that visitors to the Lipex Site and users of our services read and understand these Site Rules. If you do not agree to these Site Rules you must not access or use the Lipex Site.
Use of the Lipex Site is governed by these Site Rules and you agree to be bound by these Site Rules each time you access the Lipex Site. By using Lipex Site you also accept the terms of our Privacy Policy.
You must not register with us or sign up to any of our services available via the Lipex Site if you do not accept these Site Rules and our Privacy Policy. All information provided by you when you register with us or sign up to any of our services shall be true and accurate and will be relied upon by us for the provision of our services.
If you spot a listing that you feel is violating these Site Rules please let us know by contacting us at
When you use the Lipex Site whether as a seller or a buyer you warrant that you are entitled to sell or buy any particular item offered for sale on the Lipex Site.
We may change these Site Rules from time to time without notice. You agree that if you use the Lipex Site after any change takes effect you will be bound by the changes. We shall update the "Last modified date" appearing at the end of these Site Rules in the event of a change to these Site Rules.
Information on the Lipex Site is updated from time to time and is provided "as is". Whilst we make every effort to ensure the accuracy and completeness of information on the Lipex Site, we make no representations or warranties whatsoever, express or implied, as to the quality, accuracy or completeness of such information.
All representations, conditions, warranties or other terms implied by statute or common law including, without limitation, all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement are hereby excluded to the fullest extent permitted by law. We do not warrant that use of the Lipex Site will be fault free or uninterrupted. It is your sole responsibility to evaluate all information on the Lipex Site when using our services and before entering into any transaction. We do not accept any responsibility for any loss or damage that may arise as a result of you relying on information made available on the Lipex Site.
We may without notice suspend or discontinue the Lipex Site or any part of it at any time without any liability to you or any third party.
To the fullest extent permitted by law we accept no liability in contract, tort or otherwise, including any liability for negligence or breach of statutory duty, for loss or damage of any kind including without limitation any loss of revenue, profits, business, anticipated savings (whether or not in each case they are considered to be direct or indirect losses), corruption or destruction of data or for any indirect or consequential loss howsoever arising out of your use or inability to use the Lipex Site, any information made available on the Lipex Site, your reliance on the Lipex Site, or in connection with any computer virus or system failure and we exclude any such liability even if we are expressly advised of the possibility of such damage or loss. In the event that our exclusion of liability hereunder is held by a court of competent jurisdiction to be invalid or unenforceable, our aggregate total liability for any loss or damage arising under or relating to the Lipex Site, any information made available on the Lipex Site or your reliance on the Lipex Site for any reason or cause or action, shall not exceed any registration fee you pay to us for accessing our services.
We give no express or implied representations or warranties regarding any purchase or assignment of intellectual property assets ("IP Asset(s)") or as to title to any IP Asset(s) in connection with your use of the Lipex Site and no title guarantee is given by us. In consideration of the purchase of IP Asset(s) utilising the Lipex Site, you (where you are the purchaser) represent and warrant that in deciding whether or not to proceed with the purchase you have carried out, and have relied solely on, your own due diligence in relation to the IP Asset(s) and that no warranty, representation, indemnity, undertaking or other assurance has been given to you by or on behalf of LIPEX, its officers, employees, agents or advisers and that you have not relied upon any such warranty, representation, indemnity, undertaking or other assurance. Registration of the assignment of IP Asset(s) will be a matter for the purchaser and seller to attend to and we shall not be required or requested to offer any assistance with regard to the registration of the assignment or dealing with any enquiries or requisitions which are raised. Any disputes which may arise regarding the assignment or use of the IP Asset(s) will be dealt with by you without reference to us. You will indemnify and hold us harmless against any actions, claims, demands, proceedings, damages, expenses, liabilities, costs or losses which may be made or brought against us or which we may suffer or incur as a consequence of your purchase of the IP Asset(s).
Bids placed for certain items listed for sale and auction will be subject to final acceptance by the seller whether or not a bid equals or exceeds any recommended price or reserve price. Where this is the case we shall tell you before you place a bid.
You will use the Lipex Site and our services for lawful purposes only and you will indemnify us against all claims, costs, losses, expenses (including reasonable legal fees and expenses) or other liabilities incurred by us arising from your use of the Lipex Site and any breach of these Site Rules.
The Lipex Site may include links to third parties. We do not represent or warrant that any information that may be accessed or obtained through any link to or from the Lipex Site is accurate, complete or current. We do not accept any responsibility for any loss or damage that may arise as a result of you relying upon such information. Material and information contained in any third party website or page accessed from the Lipex Site is outside our control and will be subject to third party intellectual property rights, separate terms of use and policies covering data use and privacy. You should always read the privacy policy of each website you visit carefully. Where you have dealings with third parties through links contained in the Lipex Site this is your responsibility and at your sole risk and we exclude all liability for any claims, charges, expenses, losses, or damages suffered by you arising from your dealings with third parties.
You will not, whether directly or indirectly, in relation to any IP Asset appearing on the Lipex Site, contact, deal with, do business with, engage, negotiate or participate in any discussions or transactions in connection with any IP Asset other than exclusively through LIPEX Limited.
Without our written permission, you may not (whether directly or indirectly including through the use of any computer programme) create a database in an electronic or other form by downloading and storing all or any part of the pages from the Lipex Site. You may use the Lipex Site for your personal use only. Without our prior permission no part of the Lipex Site may be sold, commercially exploited, reproduced, copied, circulated, distributed, broadcast, transmitted or stored, disseminated in any electronic or non-electronic form, or included in any public or private electronic retrieval system.
Misuse or reproduction of any trademark, service mark, logo or any other intellectual property right contained on the Lipex Site is strictly prohibited. You agree not to use the Lipex Site in any way which infringes, or is likely to infringe, any trademark, service mark, logo, copyright or any other intellectual property rights belonging to us or belonging to any third party and you will not knowingly permit any other person to do so.
All rights, title and interest, including copyright and database rights, in the Lipex Site and its contents, are owned by or licensed to us as permitted by applicable law. Nothing in these Site Rules vests in you any ownership rights in the Lipex Site or any information or materials accessible therein.
You undertake not to copy, store in any medium (including in any other website), distribute, transmit, re-transmit, broadcast, modify, or show in public any part of the Lipex Site without our prior written permission.
These Site Rules are governed by English law and you agree that the English courts shall have exclusive jurisdiction to determine any matter or dispute arising out of or in connection with use of in the Lipex Site and these Site Rules.
Nothing in these Site Rules confers on any third party any right to enforce any of its provisions pursuant to the Contracts (Rights of Third Parties) Act 1999.
Use of the Lipex Site may not be allowed in countries outside the United Kingdom where such use may be contrary to local law or regulation. If you access information on the Lipex Site it is your sole responsibility to ensure compliance with any applicable laws or regulations in any other country. Any use of the Lipex Site outside the United Kingdom is your sole responsibility and we accept no liability whatsoever in connection with such use.
We have the right at any time without notice to terminate or suspend access to, or use of the Lipex Site where we reasonably believe you:

  1. have infringed these Site Rules;
  2. have listed a suspicious item;
  3. are a non paying bidder.

In most cases when we suspect you have infringed these Site Rules we shall suspend your account/any listing whilst we investigate further. If our investigation is conclusive then your registration with us will be terminated.
These Site Rules contain the entire agreement and understanding between LIPEX and you in relation to the subject matter hereof and supersede all prior understandings and representations, whether written or oral.
Failure or delay by us in enforcing an obligation or exercising a right under these Site Rules does not constitute a waiver of that obligation or right.
We may assign, transfer, novate or subcontract any or all of our rights and obligations under these Site Rules at any time.
If any provision of these Site Rules shall become or be declared illegal, invalid or unenforceable for any reason whatsoever, such provision shall be divisible from the others and shall be deemed deleted provided that such illegality, invalidity or unenforceability shall not affect the other provisions or parts of such provisions of these Site Rules, all of which shall remain in full force and effect.

Last modified April 26th 2016