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DewDiligence

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DewDiligence

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Re: upndown1313 post# 88565

Wednesday, 01/06/2010 8:15:19 PM

Wednesday, January 06, 2010 8:15:19 PM

Post# of 257262

what happens to the IP when these companies go BK?

In a Chapter 11 reorganization, the company in question wants to continue operating and will presumably try to keep as much of its “core” IP as possible. In a Chapter 7 liquidation, the IP is typically sold to the highest bidder.


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