Supreme Court: Rejection of Trademark License in Bankruptcy is Breach of Contract That Does Not Terminate Licensee’s Right to Use Mark - McDermott Will & Emery

Supreme Court: Rejection of Trademark License in Bankruptcy is Breach of Contract That Does Not Terminate Licensee’s Right to Use Mark

| |

Overview


Peg Duncan Nathan Coco authored this bylined article summarizing the US Supreme Court’s decision to hold that, under 11 USC § 365, a debtor’s rejection of an executory contract in bankruptcy has the same effect as a breach outside bankruptcy, therefore reversing the First Circuit’s ruling in Mission Product Holding Inc v Tempnology LLC.