New Intellectual Property and Business Formation Clinic to offer a variety of legal services to the St. Louis community

From helping start-up companies grow into strong businesses to guiding inventors as they obtain patents, students in the Washington University School of Law’s new Intellectual Property and Business Formation Legal Clinic, working under the supervision of experienced intellectual property law attorneys, will offer a variety of services to the University and St. Louis community.

Push toward creditor protectionism in bankruptcy law may damage intellectual property rights; special purpose entities are “essential”

The rise of corporate bankruptcies over the last few years has prompted legislators and academics alike to push for bankruptcy law reform. Fearing the death of legal liability, these reformers are calling for increased creditor protectionism through the weakening of limited liability and the reversal of “judgment proof” transactions such as the creation of special purpose entities (SPE) commonly used for the sequestering of assets. “Letting intellectual property (IP) assets slip into a bankruptcy estate is a dangerous idea,” says Troy Paredes, associate professor of law at Washington University in St. Louis.