Polsinelli Shughart PC; Wilmington
In these economic times, situations involving a licensing counterparty filing for bankruptcy are becoming more common, so it is vital for practitioners to address bankruptcy issues upfront during the negotiation of the licensing agreement. This is especially true for licensees who often rely heavily, if not exclusively, on a licensor for significant aspects of their business. This article will first review the general legal principals surrounding the treatment of intellectual property licenses in bankruptcy, then provide several negotiation and drafting pointers that practitioners can utilize to help protect their licensee clients in the event of a bankruptcy filing under chapter 11 of the Bankruptcy Code by the licensor counterparty.
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ASM Panel to Focus on impact of Universal Building Products case in Pursuing Creditor Committee Representations
The recent decision the Universal Building Products case stirred debate on the ethical limitations for lawyers and professionals in chasing creditors committee work. Our Panel will feature the professionals involved in the case to discuss the dynamics of the case and the impact the decision has had in how creditors committee representations are being pursued.
Please join us for what will be a lively discussion on one of the hot topics in bankruptcy law.
The 29th Annual Spring Meeting will be held at National Harbor, Md., March 31 - April 3, 2011. There is up to 16 CLE credits available, including up to 3 hours of ethics credits. Click here to register!
ABI's 19th Annual Bankruptcy Battleground West will be held at the Hyatt Regency Century Plaza in Los Angeles on March 4, 2011. This year's program will focus on California's financial troubles, challenges facing today's real estate field and the latest developments in chapter 11 plan confirmation proceedings. The event will also feature a courtroom-style debate by two of the bankruptcy professions leading practitioners and a keynote address by UCLA Law School Professor Kenneth N. Klee. Approval for approximately 5 hours of CLE credit is pending.
Click here to register!
Join us at ABI's 7th Annual Caribbean Insolvency Symposium in Grand Cayman at the beautiful Westin Casuarina Resort and Spa, February 3-5, 2011! This year's event will be lead by national and regional bankruptcy judges and experienced practitioners, while focusing on Chapter 15 trends, the hospitality industry and market impacts brought on by the financial regulatory reform. Up to 7.5/9 hours of CLE/CPE credit available.
Click here to register!