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.Please note that this publication presents an overview of notable legal trends and related updates. It is intended for informational purposes and not as a replacement for detailed legal advice. If you need guidance tailored to your specific circumstances, please contact one of the authors to explore how we can help you navigate your legal needs.
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