Who owns the intellectual property when a software company goes bankrupt?
There were a lot of software companies that had failed. I am just curious: legally who owns the intellectual property when a software company goes bankrupt? I understand the fixed assets can be sold off to repay the debtors, but what about the intangible intellectual property that may not get sold?
Also consider the scenario where the company just closes its door, and has not necessarily gone into the bankruptcy court.
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Categories: information on bankruptcy Tags: bankruptcy court, debtors, fixed assets, intellectual property, software companies, software company