IP Ownership Transfers
The cluster focuses on discussions about intellectual property ownership, sales, transfers, and rights in contexts like company bankruptcies, acquisitions, shutdowns, and settlements, including implications for open-sourcing and legal claims.
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Why does it need to be respected? Why not e.g. sell the company and IP.
You can't force someone to open up their intellectual property. The company might have wound down but the IP still belongs to someone.
Who owns the IP that may come out of this?
They could have licensed the IP from the same company.
Some other company or individual could have bought their IP portfolio and now own the rights. They have no obligation to publicize this, as far as I know.
This won't mitigate the claim the company has on the IP, unfortunately.
It sounds like the investors screwed up by giving away their claim on that IP.
Hope they hired a good lawyer to review the IP transfer agreements they signed in the previous sale.
They don't revoke any of your IP rights, you still own the IP. They can just do whatever they want with it.
I'm guessing the high price they paid included some agreements to relinquish any potential IP claims. If it literally happened as described in the interview and the seller took the legal claim at face value they'd have surely settled for a lot less for the domain.