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Intellectual Property Issues in Bankruptcy

Learn how your valuable intellectual property will be affected by another company's bankruptcy.

Intellectual-property rights can be among a company's most precious assets, whether they are owned outright or licensed from third parties. It is therefore vital for every company to understand how those rights can be altered or even terminated by bankruptcy. This topic will be of interest to lenders, franchisors, technology firms, and anyone else who wants to know what might happen to intellectual-property rights in bankruptcy.

Runtime: 89 minutes
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Basic Principles of Bankruptcy and Intellectual Property

  • Intellectual-Property Law in Bankruptcy
  • General Effect of Bankruptcy on Rights and Interests of Debtor
  • Stay of Actions to Exercise Control Over the Debtor's Property

The Automatic Stay and Its Effect on Licenses

  • Nature of the Automatic Stay
  • The Breadth of the Stay
  • Consequences for Violating the Stay
  • Effect on Intellectual-Property Licenses

Compelling Assumption of Rejection

  • Nature of a Debtor's Power to Assume or Reject Contracts
  • Right to Assume or Reject at the Confirmation of a Plan
  • Court's Power to Compel Early Assumption or Rejection

Assumption or Rejection of Licenses When the Debtor Is the Licensor

  • The Counterparty's Rights to Continue Using the Licensed Property
  • Right to Cure of Any Outstanding Defaults
  • Effect of Rejection on Remaining Rights and Duties
  • Effect of Section 365(n) of the Bankruptcy Code

Assumption or Rejection of Licenses When the Debtor Is the Licensee

  • The Debtor's Right to Continue Using the Property
  • Effect on Termination Provisions and Other Powers

Sales and Assignments of Intellectual Property

  • Rights to Assume and Assign Licenses
  • Sales Free and Clear of Other Interests
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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on March 29, 2018.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • GA CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Hugh McCullough

Hugh McCullough

Davis Wright Tremaine LLP

  • Partner in the Seattle office of Davis Wright Tremaine LLP
  • Deputy chair of the firm’s commercial-litigation practice and chair of the firm’s bankruptcy practice
  • Regularly advises clients in complex commercial and bankruptcy litigation, state-court receiverships, in-court and out-of-court restructurings, and secured-financing transactions
  • Started his legal career with Davis Polk & Wardwell in New York, and joined Davis Wright Tremaine in 2009
  • Member of the American Bankruptcy Institute and the Turnaround Management Association
  • Graduate of Kansas State University and the Northwestern University School of Law
  • Can be contacted at 206-622-3150 or [email protected]
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 401053
Published 2018
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