Curtis Mallet-Prevost Colt & Mosle

Showstoppers: the effect of bankruptcy on intellectual property licenses

The entertainment and publishing industries are built upon various intellectual property rights — principally copyright and trademark, but also the rights of privacy and publicity. Taken together, features of intellectual property tend to confound the process of marshalling assets in bankruptcy since licensed intellectual property can be viewed as an asset of both the licensor and the licensee.

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