<OT> Why Microsoft has to go ...

[joel]

If the corporation goes bankrupt, somebody gets to keep the assets. The 
patents are still valid.  Any company that tried to steal their 
technology could be sued.

Joel


burns wrote:

>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.
>  
>