Zone of Insolvency

Zone of Insolvency

Tag Archives: License

Foreign or Domestic, Licensees Have Rights Too

Posted in U.S.
In a United States bankruptcy case, licensees of intellectual property are granted certain protections under Bankruptcy Code section 365(n) if a debtor rejects (terminates) the license. These protections, however, are not guaranteed when the debtor licensor is subject to a foreign insolvency proceeding. Nevertheless, as previously reported in the February 2012 issue of the International… Continue Reading