Supreme Court: Bankruptcy Law Cannot Unilaterally Revoke Trademark License

In Mission Product Holdings Inc. v. Tempnology LLC,1 the Supreme Court, in an 8-to-1 decision, held that bankrupt trademark owners cannot use bankruptcy law to unilaterally revoke a trademark license. The Court summarized the question at issue and held that:

Filed under:
USA, Insolvency & Restructuring, Litigation, Trademarks, Manatt Phelps & Phillips LLP, Bankruptcy, Debtor, US Congress, Title 11 of the US Code
Authors:
Irah H. Donner
Location:
USA
Firm:
Manatt Phelps & Phillips LLP