I was part of a joint venture that is in windup mode. The software was mostly a compilation of open source software. No patents filed or anything like that. However, the lawyer is selling assets which include the code and IP. The IP is not defined. I would like to be protected from some vague infringement lawsuit should I ever do something similar. Should I be bidding on some sort of perpetual license to perceived IP of 'the company'? How would that even be worded?
I don't need the code to build something that functions for the same purpose. All non-competes and non-confidentiality agreements, employment agreements,etc have been explicitly canceled as part of dissolution. However, I'm not sure if that excuses me to do 'similar' work.
Thanks for any advice