Intellectual property licenses in bankruptcy: review of current law

Bankruptcy law is designed to give a struggling company the respite it needs to reorganize itself and hopefully get a fresh start, even if this means severing existing business relationships.  But what happens when the bankrupt company is a licensor of intellectual property and the business relationships it is severing are with its licensees?  The law is in a constant race to keep up with technological advances, and nowhere is this more evident than in the arena where bankruptcy and intellectual property law overlap.

See Landslide (publication of the American Bar Association’s IP Law Section) article at “Intellectual Property Licenses in Bankruptcy: Can Lubrizol, § 365(n), and Sunbeam Be Reconciled?”

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