Political Quotes

“Just simply put, I must oppose the manager's amendment because it does not significantly alter the underlying bill, which will be making sweeping and unnecessary changes to patent litigation and encroach upon the independence of the Federal Judiciary. Section 6(d) does not address the substantive deficiencies in the bill. 6(d), by mandating U.S. law, applies in determining the rights of intellectual property licensees, directly contravenes the important principles that pertain to Chapter 15 of the Bankruptcy Code, which deals with transnational bankruptcies. Congress intended that Chapter 15 not mandate any one country's substantive law should control, but Section 6(d) does exactly this and may encourage other countries to opt out of the cooperative insolvency system that is integral to Chapter 15. So this, in short, is failing to address another flawed revision to the Bankruptcy Code, and Section 6(d) imposes an impossible affirmative duty on a bankrupt licensor to monitor and control the quality of the license, product, or service, even if there is no money to pay for this. Please vote against this manager's amendment. Mr. Chairman, I reserve the balance of my time.”