Fear of Rejection: When a Trademark License Is Rejected in Bankruptcy, Does the Licensee Lose Its Trademark License Rights?
Tempnology LLC granted Mission Product Holdings Inc. a nonexclusive trademark license. Tempnology filed bankruptcy and rejected the parties' agreement. The First Circuit held that rejection terminated Mission's trademark license, leaving it with only a pre-petition damages claim. Tempnolog...
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| Veröffentlicht in: | Preview of United States Supreme Court cases 2019-02, Vol.46 (5), p.7-12 |
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| creator | Eisenbach, Robert L |
| description | Tempnology LLC granted Mission Product Holdings Inc. a nonexclusive trademark license. Tempnology filed bankruptcy and rejected the parties' agreement. The First Circuit held that rejection terminated Mission's trademark license, leaving it with only a pre-petition damages claim. Tempnology's breach would not have terminated Mission's license rights outside of bankruptcy, and Mission asks the Supreme Court to hold that rejection constitutes a breach that only relieves Tempnology from future affirmative performance obligations but does not revoke Mission's license rights. |
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Tempnology filed bankruptcy and rejected the parties' agreement. The First Circuit held that rejection terminated Mission's trademark license, leaving it with only a pre-petition damages claim. Tempnology's breach would not have terminated Mission's license rights outside of bankruptcy, and Mission asks the Supreme Court to hold that rejection constitutes a breach that only relieves Tempnology from future affirmative performance obligations but does not revoke Mission's license rights.</description><identifier>ISSN: 0363-0048</identifier><language>eng</language><publisher>Chicago: American Bar Association</publisher><subject>Agreements ; Bankruptcy laws ; Bankruptcy reorganization ; Federal court decisions ; Intellectual property ; Licensed products ; Purchase orders ; Trademarks</subject><ispartof>Preview of United States Supreme Court cases, 2019-02, Vol.46 (5), p.7-12</ispartof><rights>Copyright American Bar Association Feb 19, 2019</rights><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,776,780</link.rule.ids></links><search><creatorcontrib>Eisenbach, Robert L</creatorcontrib><title>Fear of Rejection: When a Trademark License Is Rejected in Bankruptcy, Does the Licensee Lose Its Trademark License Rights?</title><title>Preview of United States Supreme Court cases</title><description>Tempnology LLC granted Mission Product Holdings Inc. a nonexclusive trademark license. 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Tempnology filed bankruptcy and rejected the parties' agreement. The First Circuit held that rejection terminated Mission's trademark license, leaving it with only a pre-petition damages claim. Tempnology's breach would not have terminated Mission's license rights outside of bankruptcy, and Mission asks the Supreme Court to hold that rejection constitutes a breach that only relieves Tempnology from future affirmative performance obligations but does not revoke Mission's license rights.</abstract><cop>Chicago</cop><pub>American Bar Association</pub></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0363-0048 |
| ispartof | Preview of United States Supreme Court cases, 2019-02, Vol.46 (5), p.7-12 |
| issn | 0363-0048 |
| language | eng |
| recordid | cdi_proquest_reports_2391977019 |
| source | HeinOnline Law Journal Library |
| subjects | Agreements Bankruptcy laws Bankruptcy reorganization Federal court decisions Intellectual property Licensed products Purchase orders Trademarks |
| title | Fear of Rejection: When a Trademark License Is Rejected in Bankruptcy, Does the Licensee Lose Its Trademark License Rights? |
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