abril 03 2024
Licensees in the Ordinary Course of Business: What’s Exclusive and What’s Not
Authors:
Descargar PDF
To read complete article visit Law.com (subscription required)
Barbara M. Goodstein and Adam C. Wolk, discuss how the 'North Star' decision underscores the important distinction between nonexclusive and exclusive license agreements when foreclosing on a licensed asset. A licensee seeking to acquire use rights in trademarks encumbered by a perfected security interest should weigh the benefits under Section 9-321 of a nonexclusive license against possible commercial advantages of an exclusive license.