venito inc has just filed a voluntary petition under chapter 11 its primary asset was an unexpired lease for 9000 square feet of office space in new york city at a r/

Need your ASSIGNMENT done? Use our paper writing service to score better and meet your deadlines.


Order a Similar Paper Order a Different Paper

Venito has a license from Langhorn, Inc. to make, use, and sell a patented product. The license provides that it terminates upon the licensee’s insolvency or on the filing of a voluntary or involuntary bankruptcy proceeding by the licensee. It also provides that the license cannot be assigned without Langhorn’s consent. At the time that Venito filed its petition, it had not paid license fees for three months, but Langhorn had not yet sent a notice of default as required by the license. Subsequent to filing the petition, Venito filed a motion to assume the license and assign it to Radical Media.

"Is this question part of your assignment? We can help"

ORDER NOW

Do you need help with this or a different assignment? We offer CONFIDENTIAL, ORIGINAL (Turnitin/LopesWrite/SafeAssign checks), and PRIVATE services using latest (within 5 years) peer-reviewed articles. Kindly click on ORDER NOW to receive an A++ paper from our masters- and PhD writers.

Get a 15% discount on your order using the following coupon code SAVE15


Order a Similar Paper Order a Different Paper