In this article, David McGrail describes the contours of the intersection of bankruptcy law and intellectual property law. Specifically, Mr. McGrail explores what happens when intellectual property licensing agreements become part of the bankrupt's estate. Mr. McGrail's analysis covers what the licensor's rights are if the licensee files for bankruptcy, and vice versa, all while tying his analysis into the underlying legal and policy considerations. He also highlights the perils licensees face in these situations if they file for bankruptcy.
- Summary by FizzLaw Team
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Intellectual Property License Issues in Bankruptcy