Eldar Manor
Law Office

Intellectual Property & Bankruptcy

What happens to a licensed intellectual property assest when a licensee files for bankruptcy? What are the implications in such a scenario of a clause in the license agreement prohibiting the licensee from assigning its rights under the agreement? For an interesting insight on this subject please see the following article by Theresa V. Brown-Edwards and Ryan M. Murphey of  Potter, Anderson, Corroon LLP.