In Mission Products Holdings, Inc. v. Tempnology, LLC, the U.S. Supreme Court resolved a question that vexed the lower courts and resulted in a circuit split: does the rejection by a debtor-licensor of a trademark license agreement terminate the licensee’s rights under the rejected license?
USA, Insolvency & Restructuring, Litigation, Trademarks, Dechert LLP, Debtor, Supreme Court of the United States
At first glance, Stanziale v. MILK072011, looks like someone suing over a bad expiration date and conjures up images of Ron Burgundy proclaiming “milk was a bad choice.” But in actuality Stanziale is much more interesting: it answers whether one can breach their fiduciary duty by exposing an employer to a claim under the aptly-named WARN Act, which requires employers to tip off their workers to a possible job loss.
USA, Company & Commercial, Insolvency & Restructuring, Litigation, Mintz, Breach of contract, Fiduciary, Worker Adjustment and Retraining Notification Act 1988 (USA)