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Next Week: When All Else Fails: How, When and Why to Terminate an IP License

By Jesse Schwartz
Published: April 11th, 2018

No one wants to terminate a license. Sometimes, however, in the face of a licensee’s failure to move a technology forward, it’s the best option available to give your IP a fighting chance to make it to the marketplace. Other precipitating factors may include bankruptcy, breach of contract, non-performance, or royalty payment disputes.

It’s not a decision you can take lightly — there are many factors at stake, including the risk of souring your relationship with the licensee, who may be a faculty member or corporation in good standing. It’s critical to communicate effectively, while making sure all the proper steps have been taken in accordance with the terms outlined in the agreement. It’s a sticky situation, but one that your TTO can emerge from with relationships and IP intact if handled correctly.

That’s why Tech Transfer Central’s Distance Learning Division has scheduled this important webinar being led by Seema Levy, JD, Assistant Director of Research Initiatives and Risk Management at SUNY’s Stony Brook University: When All Else Fails: How, When and Why to Terminate an IP License, scheduled for April 19. For complete program details and to register, CLICK HERE.


Posted under: Distance Learning, Tech Transfer e-News

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