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When software vendors seek protection under bankruptcy law, the interests of licensees are placed at risk. Bankruptcy Code � 365(n) delineates a licensee's options in such cases. A licensee can retain its rights to intellectual property under the contract and under any agreement supplementary to the license, but there are both upsides and downsides to a licensee's continued use of licensed property.
May 19, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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