In A Major Victory For Trademark Licensees, Supreme Court Holds That Rejection Of A Trademark License Does Not Terminate The Licensee’s Rights
In the Red
MAY 21, 2019
v Tempnology, LLC case: Whether, under §365 of the Bankruptcy Code, a debtor-licensor’s “rejection” of a license agreement—which “constitutes a breach of such contract,” 11 U.S.C. One of its first motions in the bankruptcy case was to reject the Agreement and the focus quickly turned to the trademark license. 3d 382 (7th Cir.
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