Trademark Law Alert -- Can you say “No” when your Bankrupt Licensor Rejects your Trademark License?

The U.S. Supreme Court clarified that a trademark licensor’s bankruptcy may not give it the right to extinguish the licensee’s continued right to use the trademark in accordance with the terms of the license agreement.

THE STATUTE

Several provisions in Section 365 of the Bankruptcy Code (11 U.S.C.) were relevant:

Filed under:
USA, Insolvency & Restructuring, Litigation, Trademarks, Cowan Liebowitz & Latman PC, Debtor, Title 11 of the US Code
Authors:
Lynn S. Fruchter
Location:
USA
Firm:
Cowan Liebowitz & Latman PC