I am the owner of three patents developed during my time as Vice President of Manufacturing at an Iowa Manufacturing Company. When I left the company, I signed the intellectual rights over to them as part of a seperation agreement. The patents have over ten years before expiration. The company has claimed bankruptcy and is being liquidated along with the intellectual property. My question, since my agreement is with this company, do the rights revert back to me when the company closes?Thanks
State/Country relating to question: Iowa
I am not familiar with my rights if the company goes out of business.
there is no automatic reversion of rights unless that is a provided for in your separation agreement
the patent is just like any other piece of property owned by the company, and is subjesct to the same rules in bankruptcy
best of luck, thanks
Experienced in intellectual property law
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