CHICAGO--(BUSINESS WIRE)--Global IP Law Group is pleased to announce its selection as the best intellectual property law firm in North America in World Finance’s 2015 Legal Awards. The awards, presented by World Finance Magazine, celebrate achievement, innovation, and brilliance across a range of legal disciplines. Winners were determined by peer voting and a panel of independent judges.
Global IP Law Group is one of the world’s leading law firms working in monetization of intellectual property assets through sales, licensing, and litigation. Since its establishment, it has achieved unparalleled success in the patent monetization industry. Global IP advised on three of the largest historical transactions involving patents, including the sale of Nortel Networks’ patent portfolio for $4.5 billion in 2011; the Alcatel-Lucent $2.6 billion debt offering, secured primarily by the company’s patent portfolio, in 2012; and as the primary IP adviser to the unsecured creditors committee in the Kodak bankruptcy, where $525 million from a multi-party transaction involving patents helped the company to emerge from bankruptcy in 2013.
Steven Steger, co-founder and managing partner of Global IP Law Group, was interviewed by World Finance about how intellectual property rights are a crucial part of ensuring investment in innovation as part of the presentation of the award. CLICK HERE to view the interview.