Overview

Intellectual property rights are important assets for all companies and the most valuable assets of many. They are, however, often an asset that is overlooked in insolvency situations. As more and more companies, ranging from wellknown retailers to banks, become insolvent it is important that
intellectual property rights are dealt with appropriately. Both the Zavvi and the Woolworths brands have been sold and will be used by their new owners for on-line sales.
In this article we consider how to deal with IP assets in the event of an insolvency from the viewpoint of several interested parties: (1) insolvency practitioner appointed to maximise recoveries for creditors; (2) the lenders; and (3) third parties
such as companies with a licence agreement with the insolvent company or companies interested in buying the IP assets.

To read more, click 'View Briefing'