Program Details

The Bankruptcy Effect on Patent Licenses and Strategies

Content Partner:  West LegalEdcenter and Thomson Reuters IP Solutions
Price: $135.00*
This program is no longer available.

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For many companies, patent licenses are an indispensible tool for generating new technologies and streams of revenue. Due to the recent economic downturn, however, a number of parties to patent licenses are facing an increased business risk: the bankruptcy of a licensing partner. Between 2009 and 2010 alone, there were nearly 117,000 corporate bankruptcies, including high-profile filings by corporate giants such as General Motors, Blockbuster and Chrysler.

Given this elevated business risk, this webcast identifies important issues that can result when a licensor or licensee files for bankruptcy and suggests specific license provisions that may serve to alleviate some of those problems or uncertainties that can arise in the course of restructuring. Among the topics to be addressed:

•  Issues arising when a licensor/licensee declares U.S. bankruptcy
• Strategies when a licensing partner has filed for U.S. bankruptcy
• Drafting licenses in anticipation of bankruptcy
• Purchasing intellectual property from bankrupt entities
• A brief introduction to cross-border insolvency proceedings

Practice Areas: Bankruptcy & Creditors Rights, Commercial Bankruptcy, Intellectual Property Law, Patent Law
Online Media Type: Audio
Production Date: 07/25/2011 1:00 PM EDT
Level: Intermediate
Category: Standard
Duration: 1 Hours, 0 Minutes
Online Format: Live

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Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.

If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance.  Credit totals for other formats are for complete programs.  Partial credit is not available for any online or downloadable format. 


West LegalEdcenter will not provide accreditation for states not listed. 

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Credit Eligibility:
Click on the jurisdiction to view credit eligibility details for this program

Total Credits: 1
Specialty Credits: 
Status: Reciprocal Credit Available
Expiration: N/A
Training Type: Online

West LegalEdcenter provides accreditation as described here. You may be able to self apply for credits in states not listed.

Check your state requirements and get contact information.
John P. Hanish - Partner, Goodwin Procter LLP
Ric Snead - US Patent Agent, Product Specialist, Thomson Reuters IP Solutions
Benjamin A. Keller - Associate, Goodwin Procter LLP
This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

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