This panel discussed tips for protecting, acquiring, and using intellectual property when a business is experiencing or may experience financial distress, including how to:

• help companies find ways to make money, and limit risk, doing business with companies in or approaching financial distress
• arm companies with knowledge on when license rights can be assigned over licensor’s objection
• value and limits of a licensee’s Section 365(n) election
• when you can and cannot terminate a license or other agreement
• options to consider when the other side of a deal goes into bankruptcy or a similar proceeding, and
• how to find value acquiring distressed intellectual property assets.