"Rejection" of a Trademark License in Bankruptcy Is a Breach, Not a Rescission

Bankruptcy protection under Section 365 does not give brand owners/debtor-licensors the unilateral right to rescind trademark licensing agreements.

Filed under:
USA, Insolvency & Restructuring, Litigation, Trademarks, Jones Day, First Circuit, U.S. Court of Appeals
Authors:
Meredith M. Wilkes , Ilene B. Tannen , Ben Rosenblum
Location:
USA
Firm:
Jones Day