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Ellen
Ellen, Attorney
Category: Business Law
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Experience:  25 years of experience helping people like you.
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1 .When an American company goes bankrupt does their product

Resolved Question:

1 .When an American company goes bankrupt does their product become available to the free market?
2. If the copyright is still valid, how many changes to the design am I allowed?
3. How can I ensure the American company actually has gone bankrupt?
Submitted: 7 years ago.
Category: Business Law
Expert:  Ellen replied 7 years ago.
Hello,

1 .When an American company goes bankrupt does their product become available to the free market?
The rights to the product become part of the bankruptcy estate. The trustee has the power to retain the rights or sell the rights.

2. If the copyright is still valid, how many changes to the design am I allowed?
You would not have the right to copy the design

3. How can I ensure the American company actually has gone bankrupt?

You can contact the bankruptcy court in the jurisdiction where the company does business.
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