License Rights and Bankruptcy: No “Silver Linings”
By EsqSocial Corporation 17/06/21
The Third Circuit’s decision in Spyglass Media Company v. Cohen has added to what is already a tangled web of cases dealing with the rights of licensees and licensors when one of them becomes a debtor in bankruptcy. In Spyglass, Bruce Cohen, the producer of the acclaimed film Silver Linings Playbook, had entered into a work-for-hire agreement with a predecessor in interest to the Weinstein Company, whereby Cohen relinquished all rights to the film’s intellectual property. In return, Cohen was...
By: Greenberg Glusker LLP