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.
Goodwin Procter clients can use the code 0711LEC25 for a 25% discount off of the regular registration price. To register, please click here.