ROGER RABBIT AND CITY OF HOPE.
ON LICENSEE’S FIDUCIARY DUTIES
S.L. BUDYLIN,
Legal Advisor, Bartolius Law Office
DOI: 10.24031/1992-2043-2019-19-5-230-242
If an author of another rightholder grants an exclusive license to someone or assigns
his rights in exchange for a part of income from the use of the IP object, does it result in
creation of fiduciary duties of the counterparty in relation to the original rightholder?
The issue is far from being purely academic. In case of the “incorrect” usage of the
object, i.e. in case of a breach of the fiduciary duties, multimillion-dollar sanctions may
be imposed. This article considers two U.S. cases related to the topic.
Keywords: intellectual property; exclusive license; fiduciary duties.
References
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Information about the author
Budylin S.L. (Moscow, Russia) – Legal Advisor, Bartolius Law Office (36 Stremyanniy
Lane, Moscow, 115054, Russia; e-mail: sergey.budylin@bartolius.com).