Another potential obstacle in the way of the transfer of patents from Nortel to the six-company Rockstar Bidco consortium which successfully bid $4.5 billion for the bankrupt company’s portfolio in late June has now disappeared. This follows an announcement from the Canadian government that it will not seek to review the sale under the terms of the Investment Canada Act. "Based on the information provided by the investor and Nortel's 2010 audited financial statements, the acquisition of the Nortel patents is not subject to review for net benefit under the act," said industry minister Christian Paradis yesterday.

Want to read more?

Register to access two of our subscriber-only articles per month

Subscribe for unlimited access to articles, in-depth analysis and research from the IAM experts

Already registered? Log in

What our customers are saying

You have a great publication! It is the central professional journal in the field of intellectual assets.

Dr Lindsay Moore
CEO and president, KLM Inc Management Consultation
Adjunct Professor of Law, George Washington University Law School

Benefits

Subscribe to receive access to the full range of premium business intelligence, insights and analysis, as well as our IP directories, guides and daily news.

Why subscribe?