My licensee may be in financial difficulty. How can I protect my IP?
I think one of our licensees may have financial problems. Although I am reluctant to take drastic action that may sever our business relationship, how can I ensure that we protect our IP?
The lawyer If you have a financially distressed licensee,
the first step is deciding whether to terminate the licence. A
distressed licensee can devalue your IP and limit your ability
to grant licences to other, potentially better performing
parties. If the...
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