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Copyright and Chapter 11

Started by JohnSKX Jul 8, 2004 at 2:12 PM 3 replies 900+ views

Original Post

Jul 8, 2004 at 2:12 PM

Suppose that a ‘company’ published a game long ago and now exercise chapter 11, does it mean the copyright of the materials such as image and sound are not longer valid? That is, do I get into trouble if I use images or sounds from a game of that company? Thanks

SiCrane

Jul 8, 2004 at 2:21 PM

IANAL, but from what I understand, intellectual property assets are usually transfered to other parties in the case of chapter 11, either to a liscensor or directly to a creditor. In general, if a company goes under, then the only difference is that you won't know who will take you to court if you violate the IP instead of knowing exactly who will sue you.

pjcast

Jul 8, 2004 at 2:22 PM

When a company goes through bankruptcy, I'm sure you can bet that all assets worth anything have been given to somebody. And that would include copyrights.

JohnSKX

Jul 8, 2004 at 4:39 PM

Thanks for the infos.

Sneftel

Jul 8, 2004 at 4:48 PM

And even if the IP assets weren't transfered, it's important to note that chapter 11 bankruptcy does not cause the corporation involved to cease to exist. They'd still hold them.

There are exactly two ways for a copyrighted work to pass into the public domain: for the copyright holder to explicitly place the work in the public domain, and for the copyright to expire.

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