Partner Christine Chen was quoted in the August edition of Asia IP Magazine on intellectual property issues arising from insolvency. The article explores how IP holders must pay particular attention to how their IP is valued, even when some suggest that arriving at a correct value is ‘part science, part art’. Regardless of the difficulty in doing so, the article states that owners that fail to value their IP do so at their own risk. Christine explained that the greatest risk facing those who have not valued their assets is that, in the event of a potential bankruptcy, their assets may be severely under-valued, thus greatly increasing the risk of falling into bankruptcy. “Failure to value assets prior to becoming distressed may also foreclose some opportunities to use the assets to secure additional financing,” she said.
You can read the full article, beginning on page nine, here.
For more information on IP matters in Taiwan, please contact Christine Chen at email@example.com.