DESCRIPTION
Royalty Finance, the UCC and Issues of Recharacterization: (Panel 3) Synthetic Royalty Financings: Risks of Recharacterizing a True Sale
This panel will address the factors that might cause a court to recharacterize purchases of royalties or synthetic royalties as a loan, rather than an outright transfer of ownership, or as a contract to convey future royalties as and when they arise, and the adverse consequences of such recharacterization if the seller/borrower becomes a debtor in a case under the Bankruptcy Code.
Speakers:
Jeffrey C. Krause, Gibson Dunn
Michael G. Farag, Gibson Dunn
Moderator:
Allison Schmitt, UC Berkeley Center for Law & Technology
Disclaimer: All views or opinions expressed by any presenter during the course of this CLE is that of the presenter alone and not an opinion of the Oklahoma Bar Association, the employers, or affiliates of the presenters unless specifically stated. Additionally, any materials, including the legal research, are the product of the individual contributor, not the Oklahoma Bar Association. The Oklahoma Bar Association makes no warranty, express or implied, relating to the accuracy or content of these materials.