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19 February 2019Trademarks

SCOTUS to decide future of TM after licensor declares bankruptcy

On Wednesday, the  US Supreme Court will hear arguments in a case between athletic-wear maker  Mission Product Holdings and Tempnology, a company which previously sold cooling fabrics.

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More on this story

Trademarks
21 February 2019   The US Supreme Court yesterday heard oral arguments in Mission Product Holdings v Tempnology in which it will consider whether a debtor-licensor’s rejection of a trademark licence agreement in bankruptcy results in complete termination of the licence agreement.
Trademarks
21 May 2019   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.