A bankrupt debtor may breach a trademark licensing agreement, but it may not rescind it.
So ruled the Supreme Court today in a case that had split the circuits over the handling of trademarks deals in bankruptcy.
A bankrupt debtor may no longer be able to perform quality control, but the licensee need not surrender the mark back to the debtor, high court rules.
May 20, 2019 at 12:34 PM
1 minute read
The original version of this story was published on National Law Journal
A bankrupt debtor may breach a trademark licensing agreement, but it may not rescind it.
So ruled the Supreme Court today in a case that had split the circuits over the handling of trademarks deals in bankruptcy.
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