IP Licenses: Restrictions on Assignment and Change of Control | Practical Law
https://content.next.westlaw.com/Document/I03f4da3beee311e28578f7ccc38dcbee/View/FullText.html?transitionType=Default&contextData=(sc.Default)This Practice Note discusses US law relating to the transferability of intellectual property (IP) license agreements. It includes guidance on evaluating assignability, dealing with non-assignable licenses in M&A transactions, and drafting tips for assignment provisions in favor of a licensor or licensee. It also considers issues relating to the transferability of IP licenses in the context of bankruptcy and secured transactions, and change-of-control provisions.
This Practice Note discusses US law relating to the transferability of intellectual property (IP) license agreements. It includes guidance on evaluating assignability, dealing with non-assignable licenses in M&A transactions, and drafting tips for assignment provisions in favor of a licensor or licensee. It also considers issues relating to the transferability of IP licenses in the context of bankruptcy and secured transactions, and change-of-control provisions.