Supreme Court ruling leaves a mark – Trademark right survives licensor’s bankruptcy
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Abstract: It’s never good news for a business when a company that the business has contracted with files for bankruptcy. But, according to a new U.S. Supreme Court ruling, there’s some good news for trademark licensees. This article summarizes a decision that resolves a split among federal courts of appeal, in which the Court held that in some circumstances a licensee can continue to use the licensed marks despite the licensor’s rejection of their agreement during the bankruptcy process. Mission Product Holdings, Inc. v. Tempnology, LLC, No. 17-1657, May 20, 2019, U.S.
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