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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кобритании, России [Budylin S.L. Reason and Good Faith: The Duties of the Director
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Карапетов А. Новое постановление Пленума ВС РФ по интеллектуальной
собственности в разрезе проблем договорного права [Karapetov A. New Resolution
of the Plenum of the Supreme Court of the Russian Federation on Intellectual
Property in View of the Problems of Contract Law] (in Russian) // https://zakon.
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Hoffman I. Fiduciary Relationships in Contractual Dealings // http://www.
ivanhoffman.com/fiduciary.html.
McBride R.C. City of Hope v. Genentech: Keeping Fiduciary Duties Where They
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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).

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