<OT> Why Microsoft has to go ...
burns
linux
Mon May 17 11:51:53 PDT 2004
On Sat, 2003-08-30 at 21:12, joel wrote:
> Well, not much really happened in court. Just some lost emails.
> What seems fishy is:
> 1. The author says you lose your patents if you go bankrupt. Individuals
> can keep patents. If the corporation was in danger of going bankrupt,
> why couldn't they sell the patents or assign them to officers of the
> corporation as compensation, etc. Losing patents on technology you have
> spent $$ on just because the company goes bankrupt doesn't seem right.
Nothing fishy here. The patents are intellectual property and assets of
the corporation. As such they are the property of the investors and the
creditors. Selling them to your wife is illegal in this instance.
--
burns
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