JD Supra

The U.S. Supreme Court Rules That Rejection of a Trademark License Agreement in Bankruptcy Does Not Strip the Licensee of Its Right to Use the Trademark

In Mission Product Holdings, Inc. v. Tempnology, LLC, 139 S. Ct. 652, 2019 WL 2166392 (U.S. May 20, 2019), the U.S. Supreme Court ruled that the rejection in bankruptcy of a trademark license ...
JD Supra

US Supreme Court | Rejection Of A Trademark License In Bankruptcy Is A Breach Of Contract That Does Not Terminate The Licensee’s Right To Use The Mark

The US Supreme Court held that under 11 U.S.C. § 365, a debtor’s rejection of an executory contract in bankruptcy has the same effect as a breach outside bankruptcy. The rejection does not rescind ...