The Kodak bankruptcy: why intellectual property licensees should pay close attention to Kodak's planned auction sale

This article discusses Eastman Kodak's recent bankruptcy filing, the impending sale of its digital imaging patents, and the potential effects on licensees of this intellectual property. The authors advise entities that have licensed intellectual property from Kodak to retain counsel to monitor the Kodak proceedings and object to any attempt to sell crucial intellectual property free and clear of the licensee's rights under the license.
Eastman Kodak's long spiral into bankruptcy reached its inevitable next phase when the company filed a Chapter 11 case in the United States Bankruptcy Court for the Southern District of [...]