Tuesday, September 22, 2009

Mylan, AMD bankruptcy candidates?

Two companies who have been involved in patent litigation (Mylan and AMD) showed up in yahoo.finance's Ten Big Companies That Are Veering Toward Bankruptcy:

Mylan: In a classic case of management empire building, Mylan overpaid big time when it bought Merck’s generic business back in 2007 and is now stuck with $5 billion of long-term debt as a result.

AMD: When will AMD actually make money again? The question is becoming more important by the day since it carries over $5 billion in long-term debt.

See IPBiz posts, including

http://ipbiz.blogspot.com/2006/11/microunity-goes-after-amd-for-patent.html

http://ipbiz.blogspot.com/2009/04/roche-sues-mylan-in-hatch-waxman-case.html

http://ipbiz.blogspot.com/2008/06/daiichi-sankyo-sues-mylan-over-azor.html

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