SCOTUS hears case on interplay between bankruptcy and TM law
SCOTUS is hearing a case about what happens to a trademark licensee’s rights when the licensor is undergoing bankruptcy proceedings and rejects the parties’ contract
Arguments in the case—Mission Product Holdings v Tempnology—are being heard today.
It concerns whether, under Section 365 of the Bankruptcy Code, a debtor-licensor’s rejection of a licence agreement—which constitutes a breach of contract—terminates the licensee’s rights that would...
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