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Mayer Brown says it published a guide to licensee risks in licensor insolvency
Mayer Brown said it published an article by Marco Wilhelm, Malte Richter and Tina Hoffmann on protecting licensees when a licensor becomes insolvent under German law. The firm's article examined contractual and structural approaches available to licensees, including sublicensing, escrow and security arrangements intended to preserve access to licensed intellectual property.
Key points
- Mayer Brown examined an insolvency administrator’s election whether to perform an agreement.Mayer Brown
- The firm contrasted ongoing obligations with fully paid perpetual licenses.Mayer Brown
- Mayer Brown discussed the treatment of sublicenses and software escrow arrangements.Mayer Brown
- The firm considered usufruct, pledges and conditional transfers as possible structuring tools.Mayer Brown