US Supreme Court | Rejection Of A Trademark License In Bankruptcy Is A Breach Of Contract That Does Not Terminate The Licensee’s Right To Use The Mark
By EsqSocial Corporation 24/05/19
The US Supreme Court held that under 11 U.S.C. § 365, a debtor’s rejection of an executory contract in bankruptcy has the same effect as a breach outside bankruptcy. The rejection does not rescind rights that the contract previously granted. Thus, a...
By: McDermott Will & Emery