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Home / Opinion Digests / Court Rules on German Debtor’s Patent Licenses (access required)

Court Rules on German Debtor’s Patent Licenses (access required)

In recognizing a German insolvency proceeding for a German semiconductor manufacturer as a “foreign main proceeding,” the bankruptcy court did not abuse its discretion in limiting the German insolvency administrator’s ability to unilaterally reject licenses to the 4,000 U.S. patents owned by the German corporation, and the 4th Circuit affirms the bankruptcy court order. Qimonda AG, ...