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
A Big Answer To A Big Question. After dividing the courts for a number of years, we finally have the answer to the big question of whether rejection of a trademark license by a debtor-licensor deprives the licensee of the right to use the trademark. Heres the question on which the Supreme Court granted certiorari in the Mission Product Holdings, Inc. v Tempnology, LLC case: Whether, under 365 of the Bankruptcy Code,a debtor-licensors rejection of a license agreementwhich constitutes a breach of
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