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U.S. Court of Appeals for the Third Circuit Agrees with Lower Court: Royalty Obligation Not Tied to Intellectual Property License is a Dischargeable Unsecured Claim

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Journal of Bankruptcy Law

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  • U.S. Court of Appeals for the Third Circuit Agrees with Lower Court: Royalty Obligation Not Tied to Intellectual Property License is a Dischargeable Unsecured Claim

In this article, the authors discuss a court decision that has broad implications for any transaction involving rights to future payment streams, including royalty or revenue interest financings and other deals with contingent or deferred payment rights.

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