Those seeking to acquire the intellectual property rights of a bankrupt company are often faced with a unique set of legal challenges, as exemplified by Thomson Reuters» recent acquisition of certain intellectual property rights owned by Federated Press. (canadianlawyermag.com)
If one or more claims in the Morley Litigation were determined adversely to us, or if the Morley Litigation were settled on unfavorable terms, this could affect our ability to use certain intellectual property and could also result in substantial monetary liabilities. (sec.gov)
The takeaway is that, in order to comply with the requirements of the BIA and other applicable law, transactions involving the sale of certain intellectual property rights, especially licence rights and copyrights, are potentially subject to a unique set of challenges, costs and delays. (canadianlawyermag.com)