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    First Circuit Bucks Developing Trend; Favors Trademark Owners Over Their Licensees in Bankruptcy - In re Tempnology, LLC
    2018-01-25

    In a recent decision, the First Circuit Court of Appeals ruled that the rejection by a licensor of a trademark license stripped the licensee of its right to use the trademark post-rejection, reversing a decision by the intermediate bankruptcy appellate panel (BAP) and reinstating the bankruptcy court’s original judgment. In re Tempnology, LLC, 2018 WL 387621 (1st Cir. Jan. 12, 2018), reversing in part 559 B.R. 809 (B.A.P. 1st Cir. 2016). The First Circuit did, however, affirm that the rejection stripped the licensee's exclusive product distribution rights.

    Filed under:
    Afghanistan, USA, Insolvency & Restructuring, Litigation, Trademarks, Quarles & Brady LLP, Bankruptcy, Limited liability company, US Congress, First Circuit
    Authors:
    Christopher Combest
    Location:
    Afghanistan, USA
    Firm:
    Quarles & Brady LLP
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