10 Feb 2021
You Gotta Fight ... For Your Rights ... in IP!
Your corporate client is concerned about its intellectual property. The client is both a licensor and licensee of various patents, copyrights, and trademarks. Your client wants to understand what happens if the licensor or licensee of one of its intellectual property licenses files for bankruptcy protection.
Related Content
- Sale of Intellectual Property
Consider this practice note for a discussion of sales of IP in bankruptcy proceedings. - IP License Clause
Use this bankruptcy clause in IP license agreements. - Drafting Strategies for Nondebtor Parties to Executory Contracts
Review this practice note for prepetition drafting strategies for nondebtor parties to executory contracts, including IP agreements. - Assumption, Assignment, and Rejection of Executory Contracts
See this practice note for the general requirements for assuming, assigning, and rejecting executory contracts and unexpired leases under Section 365 of the Bankruptcy Code.
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