New agreements after bankruptcy
In the case of the bankruptcy of a licensee in Germany, a new owner took over the estate. As a result, this party believed that it could also dispose of the planted bulbs. However, the license agreement states that in the event of bankruptcy, the ownership of the bulbs reverts to the breeder. RAI filed a claim with the new owner: the bulbs can only be taken over if the value of the bulbs present is agreed upon. RAI conducted the negotiations and eventually a takeover price for the bulbs in question is agreed. The new owner has the right to dispose of the bulbs and a license agreement for the continuation of cut flower cultivation was issued.