All Talk, but no Action Leads to the Loss of Ground Breaking Cancer Research

Authors

Nicholas Marcello

Document Type

Research Memorandum

Publication Date

2017

Abstract

(Excerpt)

Each year, the government awards millions of dollars in federal grants to fund scientific research. Despite this huge allocation of resources, the government’s claim in such funded research may be limited should the receiving institution become a debtor in bankruptcy. Last year, the United States Bankruptcy Court for the District of Massachusetts allowed the destruction of government funded research to benefit the debtor estate.