Stoll Keenon Ogden PLLC | Advertising Material
The U.S. Supreme Court this week issued an important ruling for trademark licensees when their bankrupt licensors reject those licenses. The Supreme Court’s May 20, 2019 decision is Mission Prod. Holdings v. Tempnology, No. 17-1657, slip op. 1. The issue was whether a debtor-licensor’s rejection of a trademark license agreement deprives the licensee of the right to continue using the trademark. In a victory for licensees, the Court held that it did not — the licensee’s rights were not terminated, resolving a disagreement among lower courts.