On Sunday, March 09, 1997 11:42 PM, Tom Glover[SMTP:tomg@boiled.egg.com] wrote: @ @ Good question! Would the bankrupt court consider the address space as a @ sellable asset? @ I believe that you will find the answer to be yes... Companies in the U.S. should probably consult with their CPAs and attorneys on how the IRS handles assets such as IP addresses. This is especially important if an asset is required without any payment being made. If a /8 is worth $1,000,000 and some company is arbitrarily given one of these to help their "start-up" get venture capital, then that asset is a key to obtaining the funding and is part of the capitalization of the company. The organization "giving" the "start-up" that block, could be viewed as an "equity" partner or stockholder in the start-up. If the start-up raised $4,000,000 and added the block to their Balance Sheet then that asset would be 20% of the company. That can be a significant ownership interest in a start-up, subject to the 5% limits. Again...I suggest that companies make sure they understand the value of their IP assets and how to account for that value. -- Jim Fleming Unir Corporation e-mail: JimFleming@unety.net JimFleming@unety.s0.g0 (EDNS/IPv8)