How to sell patent?

Kodak Authorized to Sell Patent Assets in Bankruptcy  November 25, 2015 – 12:12 am
How to Sell a Patent to the Even if the dispute with Apple and FlashPoint has not been fully resolved by the time of the final sale of the patent assets Kodak may still be able to proceed with the sale if they establish “adequate protection” under the Bankruptcy Code for Apple and Flashpoint at the time of sale. Kodak’s adequate protection could take many forms depending on the value of any remaining alleged interests, the amount of the sale proceeds, and other factors. Alternatively, the Bankruptcy Court also authorized Kodak to sell the patents subject to Apple and FlashPoint’s claims, if mutually agreed between Kodak and the winning bidder. Related posts:
  1. Kodak Moves to Sell Patents in Bankruptcy Without Minimum BidThe time has now come for Kodak to attempt to shed its non-strategic patents with the sale of roughly 10% of the overall Kodak patent portfolio.  Without an acceptable initial bid already in place Kodak will roll the dice and angle for an auction that would take place in early August 2012, assuming more than one bidder emerges....
  2. Patent War Declared: Kodak Sues Apple Over iPhone & MacShareTweetIn news that has already spread across the Internet like a wildfire, Eastman Kodak Company has sued Apple, Inc., alleging that Apple infringes numerous Kodak patents associated with the iPhone, iPod Touch and various Mac computers. News reports also indicate that Kodak has sued Research in Motion (RIM), maker of the Blackberry. As yet I [...]...

Source: IPWatchdog.com | Patents & Patent Law

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Some separate issues

Let's talk about the patent first. (This is to be distinguished from the rest of the business.) He's a named inventor on the patent. Then in the first instance that means he is a co-owner of the patent. Patent ownership is like tenancy-in-common. For patents, that means he can unilaterally license the patent (but must share licensing revenues), can sell all or a portion of his ownership i...mutually agreeable, or offer to be bought out.
Think of it like a divorce. If there's bad blood, you can spend thousands of dollars litigating various complicated issues -- and your issues may be complicated. But all that money can be saved if cooler heads prevail, and just come to reasonable middleground.
But my main question is: how in the world did you get a patent for $3500!?

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