Tag Archives: bankruptcy

Top Posts from Our First Year of the Duane Morris Green IP Blog

This week marks the one-year anniversary of our first post to the Duane Morris Green IP Blog, so we thought we’d mark the occasion with a look back at our top posts of the first year. This list was developed subjectively from a loose combination of reader feedback, page traffic, and republication. Continue reading Top Posts from Our First Year of the Duane Morris Green IP Blog

What Patents Did Bankrupt SunEdison Sell to China’s GLC-Poly Energy?

  • As a result of bankruptcy, SunEdison will sell a portfolio of more than 100 patents and 200 patent applications to China’s GLC-Poly Energy Holdings.
  • The bulk of the portfolio is directed to SunEdison’s proprietary materials and processes for manufacturing a solar panel.
  • Transfer of ownership to GLC-Poly may complicate business for former SunEdison supplier SMP Ltd.

Last month the judge overseeing SunEdison Inc.’s bankruptcy denied an effort by South Korea-based SMP Ltd. to prevent the sale of SunEdison’s patent portfolio. SMP, which was formed as a joint venture between Samsung and SunEdison to supply key elements of SunEdison’s solar panels, had argued that Korean law prevented SunEdison from terminating a supply and license agreement. If SMP prevailed on this argument, then SunEdison would have been unable to terminate the supply and license agreement, and as a result would have been prevented from selling its patent portfolio. Continue reading What Patents Did Bankrupt SunEdison Sell to China’s GLC-Poly Energy?