Thinking about potential insolvency or bankruptcy induces stress in intellectual property departments as much as any other corporate department. The path to restructuring or liquidation is often paved with poor business decisions that usually are made by those far removed from the IP team.
However, a company’s IP may be one of the most valuable assets for generating value to fuel restructuring or discharge debt—provided it can be reliably understood.
Determining and safeguarding that value requires a disciplined analysis centered on identifying and maintaining high-value IP assets in the marketplace. Best practice calls for assessing IP periodically.
When financial implosion is on the horizon, this kind of analysis is crucial. Whether…
