SCOTUS to decide future of TM after licensor declares bankruptcy
19-02-2019
brianpirwin / Shutterstock.com
The US Supreme Court has today held that a debtor-licensor’s rejection of a trademark licence agreement in bankruptcy is a breach, rather than a rescission of contract, meaning that the other party to the contract retains its rights under the licence agreement.
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US Supreme Court, Mission Product Holdings, Tempnology, trademark licence agreement, bankruptcy, breach of contract, Bankruptcy Court
