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If the contract is silent about when the right to own the intellectual property transfers to company A, then the right transfers at the time of contract making, and company B's right is only to payment for services rendered. This means that company A would own the copyright in bankruptcy, and company B would be without recourse.
If the contract expressly states that ownership rights do not pass until payment is received, then that provision would control and B would retain the copyright.
Hope this helps.
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