Life After Death: Liquidation Of Corporate Assets Can Generate Significant Post-Bankruptcy Revenue

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When a company is reorganizing or dissolving altogether, patents are treated much like the furniture, appliances and office space. By that I mean, the patents can be determined to have value, and a trustee can decide how that value can be used to the benefit of the estate. Of course, there’s a lot more to it than just making a few phone calls and selling to the highest bidder. While everyone can use a chair, patents are only useful to investors with the finances, knowledge and contacts necessary to make the investment pay off. In addition, the person evaluating the estate also has to recognize the patents’ value. The failure to do so is the subject of my first example.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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