What to Know About Handling Intellectual Property Licenses During Bankruptcy

Find out how bankruptcy affects intellectual property with a comprehensive case study.
Legal & Contracts / Regulation & Compliance

GC Property Bankruptcy Execsense

Format          50 Minute Lesson
Chapters       6
Skill Level     New to Topic
Audience      General Counsel
Includes       Access for 1 year. Stream on all devices.

Course Description

In this lesson, ExecSense and experts, Lynn Harrison (Partner – Curtis, Mallet-Prevost, Colt & Mosle LLP) and Eric Stenshoel (Counsel – Curtis, Mallet-Prevost, Colt & Mosle LLP), examine the effects of bankruptcy on IP licenses.

In this 50-minute session, you will learn:

  • A comprehensive breakdown of the two fundamental interests in IP licensing contracts—licensee’s business and licensor’s control—and how to negotiate terms that satisfy all parties with regards to duration, exclusivity, transferability, territory, and royalty payments
  • What the latest and most relevant regulations and case laws dictating IP controls during bankruptcy settlements are and how they impact protection of creditors and executory contracts
  • How to create contracts that protect your clients from the potential IP complications of bankruptcy by considering security interests and royalty payment structures for licensees and including continuing obligations and exclusivity rights for licensors
  • A case study of a complex bankruptcy case involving structurally complex, international organizations and distinct, overseas court systems that will help you understand all of the intricacies of disposition and IP rights

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ExecSense Speakers

Lynn Harrison
Partner, Curtis, Mallet-Prevost, Colt & Mosle LLP
Eric Stenshoel
Counsel, Curtis, Mallet-Prevost, Colt & Mosle LLP
Financial Management & Legal Counsel

Mr. Harrison has experience in insolvency proceedings, workouts and liquidations on behalf of debtors, creditors and trustees. He is a frequent lecturer and writer on international and domestic insolvency issues.

Mr. Stenshoel focuses on intellectual property issues related to mergers and acquisitions, joint ventures, strategic alliances, research and development agreements, private equity transactions involving emerging technologies, and complex licensing arrangements, as well as intellectual property litigation.

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Mr. Harrison has spoken throughout the United States, Europe, Latin America and the Far East. Mr. Harrison has also been a featured commentator for Forbes Magazine in the United States and Phoenix TV InfoNews Channel in China.

Mr. Harrison is recognized as a leading restructuring and insolvency professional in New York by both Chambers USA and Legal 500 USA. Clients note that he “combines keen intelligence and high technical knowledge with warm client-handling skills.”

He also assists clients in developing and protecting international portfolios of trademark rights and gives frequent seminars on compliance with U.S. copyright law.

Eric’s industry experience includes publishing and the arts, manufacturing, consumer products, software and database technology. The 2015 World Trademark Review 1000 recognizes him as a Recommended Expert.

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Well organized, well articulated, and easy to follow...the lesson I attended was the best virtual learning experience I've had in quite some time.

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