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BUYER DISCOVERED AFTER THE CLOSING THAT SELLER DID NOT HAVE PATENT PROTECTION FOR ITS COMPOSITE DECKING AND OUTDOOR RAILING SYSTEMS

As a result of this discovery, the buyer filed a lawsuit against the seller group and its lawyers in a Maine federal district court. M&A Stories April 18, 2023 Introduction Technology is often as important in an acquisition and patents

Posted in Problems with intellectual property Tagged with: ,

BUYER OF GROCERY CHAIN ASSETS OUT OF BANKRUPCY INCLUDED RIGHT TO POST-CLOSING DISPLAY OF PHOTOGRAPHS SUBJECT TO EXPIRED COPYRIGHT LICENSE

Bankruptcy court held that the buyer purchased the assets free and clear of any copyright interests held by the photographer supplier. M&A Stories October 3, 2022 Introduction The buyer of the assets of business out of bankruptcy hopes to acquire

Posted in Problem with Vendors and Suppliers, Problems with intellectual property Tagged with: ,

COURT AWARDS $9.2 MILLTION TO BUYER FOR SELLER’S FAILURE TO DISCLOSE THAT IT HAD GRANTED A PATENT LICENSE FOR ITS MEDICAL DEVICE TO A COMPETITOR

There was apparently no public record of the seller’s license with its competitor. M&A Stories February 12, 2022 Introduction A buyer often buys a company to commercialize exclusive rights to intellectual property. The deal In this 2006 deal a medical

Posted in Problems with intellectual property Tagged with: ,

MEDICAL RESEARCH INSTITUTE CAN SUE BUYER OF RESEARCH SCIENTISTS’ BIOTECH ASSETS, FORMER INSTITUTE EMPLOYEES, FOR TRADE SECRET MISAPPROPRIATION

Court held that institute’s allegations if true could establish that the buyer knew or should have known that the seller’s owners had stolen the trade secrets from the medical research institution. M&A Stories February 3, 2022 Introduction The value of

Posted in Problems with intellectual property Tagged with: ,

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