Insights
Unique Challenges of Intellectual Property Portfolios and Licenses in Bankruptcy
on November 6, 2014
As written in the Journal of the National Association of Bankrutpcy Trustees, Fall 2014 Issue
By, Suzana K. Koch and John P. Hickey, Attorneys, Brouse McDowell, LPA
Many large bankruptcies in recent years were filed by companies with considerable intellectual property portfolios, including treasure troves of historic brands protected by trademarks: Polaroid, Sharper Image, Hostess and Kodak.
In 2009, a consortium of buyers paid $88 million for the Polaroid brand name.1 Even IP addresses can be sold; Borders’ IP addresses alone sold in bankruptcy for $800,000 to $900,000. Borders had held one address for each cash register in its 1,200 stores.2
Click here to read the rest of the article.
By, Suzana K. Koch and John P. Hickey, Attorneys, Brouse McDowell, LPA
Many large bankruptcies in recent years were filed by companies with considerable intellectual property portfolios, including treasure troves of historic brands protected by trademarks: Polaroid, Sharper Image, Hostess and Kodak.
In 2009, a consortium of buyers paid $88 million for the Polaroid brand name.1 Even IP addresses can be sold; Borders’ IP addresses alone sold in bankruptcy for $800,000 to $900,000. Borders had held one address for each cash register in its 1,200 stores.2
Click here to read the rest of the article.
Share Article Via
