Supreme Court: Rejection Of A Trademark License By A Bankrupt Licensor Doesn’t Terminate The License
What happens if you are a trademark licensee and your licensor files for bankruptcy protection?
Can the licensor unilaterally terminate your license and prohibit you from using the license – even if you’re in the middle of a long-term contract and you are complying with the deal? Many licensors have been doing this, using the bankruptcy courts to extricate themselves from unprofitable or unsatisfactory licensing agreements. But on May 20, 2019, in Mission Product Holdings, Inc. […]