Logo text

Home » Faculty and Research » Research And Publication » Working Papers

Working Papers

 
 Title

Intellectual Property licenses in cross-border insolvency: Lessons from In Re Qimonda

 Authors

Ram Mohan, M.P.; Gupta, Aditya

 Publication Date

19-Nov-2021

 Year

2021

  Publication Code

WP 2021-11-05

 Abstract

Introduced in 2016, the Insolvency and Bankruptcy Code overhauled the Indian insolvency regime. Five years young, the work in progress Code is now in the process of adopting the Cross-Border insolvency, which was omitted from its original mandate. In 2018, a legislatively appointed committee suggested that the Code should adopt the UNCITRAL Model Law on Cross Border Insolvency. However, the Committee overlooked a crucial jurisprudential guideline, which coloured the interpretation of the Model Law, which was delivered in a cross-border insolvency dispute between American and German regimes. An American bankruptcy court subjected the German administration of American Intellectual Property assets to a protection exclusively available within the American Bankruptcy Code. This paper studies the American judicial decisions in the Samsung v. Jaffe dispute to identify and underline the importance of its directive. The study reveals that there is virtually no guidance on how an intellectual property license is treated within the Indian insolvency regime. The authors underline the importance of such guidance considering the proposed adoption of the Model Law and suggest legislative inquiry in the issue.

 

Click here to Download (English) File

Back