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[Bloomberg Law] Bankruptcy Administrators Must Act Quickly to Protect IP Assets

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For bankruptcy administrators, good intentions and basic legal knowledge are not always sufficient. They must move quickly, work systematically, and sometimes rely heavily on outside experts to safeguard a bankruptcy estate and maximize its value.

When a company enters bankruptcy, administrators—whether trustees, receivers, or debtors-in-possession—immediately take on a complex and high-stakes duty: managing the debtor’s intellectual property assets. Patents, trademarks, copyrights, and trade secrets often play a central role in the value and future potential of the estate.

Administrators often assume these responsibilities with minimal advance notice. And without specialized industry or IP expertise, the complexity of intangible assets can easily become overwhelming.

Unlike physical property such as real estate or equipment, intellectual property is far less tangible. Its value depends on legal agreements, technical considerations, and market factors that are rarely simple. Yet IP may be the debtor’s most valuable asset.

We’re proud to share that Gurpreet Kaur, Vice President of Intellectual Property at UnitedLex, contributed her expertise to this insightful article.

Read the full article here: Bankruptcy Administrators Must Act Quickly to Protect IP Assets

To learn more about the foundational importance of IP assets in corporate bankruptcy scenarios, read Understanding IP Assets is Crucial During Corporate Bankruptcies.

Copyright  2025 Bloomberg Industry Group, Inc. (800-372-1033) www.bloombergindustry.com. Reproduced with permission.

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