What happened to the ICAP auction of covenants not to sue (CNSs)?


IPBlog reported on an interesting twist in IP value, that of extracting the value of a covenant not to sue from IP rights, and the auction of such CNSs that was to be held on September 27. Though there are clearly confidentiality issues that surround covenants not to sue, as Intangible Asset Management points out, it’s difficult to believe if the auction had been a success we wouldn’t have heard about it, at least anecdotally.  To date, there are no reports, and no references to it can be found on relevant websites. One can only surmise it did not go well and attempts to create a market in DNSs may be premature, at best.


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