In addition, the hospital says Genentech breached its fiduciary duty by concealing the existence of third-party licenses of the Riggs-Itakura patents from City of Hope.
In addition, the hospital says Genentech also breached its fiduciary duty by concealing the existence of third-party licenses of the Riggs-Itakura patents from City of Hope.
The ABC process begins when a debtor company signs a contract assigning its assets to a third-party assignee (like Sherwood), which acts as a fiduciary for the company's creditors.