Written By Mark Laugesen, Karma Dolkar and Danish Afroz
This practice note discusses the issues regarding the treatment of intellectual property (IP) in bankruptcies, including the legal effect of ipso facto clauses, trustee's rights in patented articles, copyright and manuscripts, as well as the assignment of copyright and manuscripts. The treatment of IP in the context of CCAA reorganizations, BIA reorganizations, or receiverships is not discussed since, in some key respects, the treatment of IP in those contexts differs from the treatment in bankruptcies. Published by
Lexis Practice Advisor Canada – Insolvency.
Bennett Jones