Fate of Licenses in Bankruptcy

Neal, Gerber & Eisenberg LLP
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In the case of Mission Product Holdings Inc v Tempnology, LLC, the Supreme Court of the US(SCOTUS) is set to settle a hotly disputed issue of intellectual property law: whether a licensor may terminate a license (along with the counterparty’s rights thereunder) by rejecting the license agreement in bankruptcy.

Originally published in Intellectual Property Magazine - April 2019.

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