Intellectual Property and Bankruptcy
According to a recent study, intellectual property is one of the most valuable assets of a company in bankruptcy. In fact, IP can account for up to 80 percent of a company’s value. This makes sense when you consider that IP is the lifeblood of many businesses, particularly those in the tech sector.
While IP is often thought of as patents and copyrights, it also includes trademarks, trade secrets, and other forms of intellectual property. Given the value of IP, it’s no surprise that companies in bankruptcy often seek to protect their IP assets.
There are a number of ways to do this. One is to file for Chapter 11 bankruptcy, which allows a company to reorganize its business and shed debt. This gives the company time to focus on its core business and IP assets.
The Law Offices of Omar Zambrano has helped thousands of people and them businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706