The International IP Society is very pleased to announce that David L. Barrack and David A. Rosenzweig, both partners at Fulbright & Jaworski L.L.P., will be presenting “International IP Issues In A Bankruptcy Context” at our next meeting on Tuesday, February 28, 2012 from 6:00 to 8:00 p.m.at Fulbright & Jaworski, LLP, at 666 Fifth Avenue (at 53rd Street).
Intellectual property issues have become an area of burgeoning concern for US owners and licensees of intellectual property. A number of cases including, Nortel, Exide Technologies, Qimonda, AG, and possibly Kodak, demonstrate that courts are willing to allow debtors to transfer and/or terminate intellectual property assets and license rights. The Qimonda court did so by applying German law rather than US law. Nortel’s auction demonstrated the vast sums in issue. The application of foreign law to US licensees can have devastating consequences of business.
Our panel will provide a firsthand account of the Nortel patent sale and analysis of recent court decisions that impact corporate assets. Mr. Barrack is Co-Head of the firm’s Subprime and Credit Crisis Practice Group. He has extensive experience across a variety of areas of business law, nationally and internationally, including corporate restructuring, bankruptcy, and creditors’ rights. Mr. Rosenzweig handles work in the areas of bankruptcy, reorganization and creditors’ rights including cross-border insolvency proceedings, property acquisitions and dispositions including the purchases of substantially all of the assets of chapter 11 debtors, structuring transactions to minimize the risks associated with future insolvency and bankruptcy proceedings, and rendering bankruptcy opinions in connection with securitizations and other financings.