Intellectual Property
Nov. 15, 2006
IP Licenses and Bankruptcy
FOCUS COLUMN - By Robert L. Eisenbach III - The major role intellectual property plays in our economy makes intellectual property licenses an especially significant type of executory contract, which is subject to special treatment in bankruptcy.
Focus Column
By Robert L. Eisenbach III
The major role intellectual property plays in our economy makes intellectual property licenses an especially significant type of executory contract, which is subject to special treatment in bankruptcy. An executory contract is one under which material future performance is required from both parties. Trademark licenses raise their own unique ...
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