It always amazes me when, after more than a half-century of Uniform Commercial Code (“UCC”) jurisprudence, an issue one thinks would arise quite commonly appears never to have been decided in a reported case. Such an issue...more
Although it may be difficult to define precisely what an “executory contract” is (with the Bankruptcy Code providing no definition), I think most bankruptcy lawyers feel how the late Supreme Court Justice Potter Stewart...more
11/20/2018
/ Appeals ,
Bankrtupcy Confirmation Plans ,
Bankruptcy Code ,
Chapter 7 ,
Commercial Bankruptcy ,
Debtors ,
Executory Contracts ,
IP License ,
License Agreements ,
Time-Barred Claims ,
Trustees
Our June 28 post discussed the petition for certiorari in the U.S. Supreme Court seeking review of the First Circuit’s January 12 decision in Mission Product Holdings, Inc. v. Tempnology, LLC. We noted that the respondent’s...more
7/13/2018
/ Amicus Briefs ,
Bankruptcy Code ,
Chapter 7 ,
Commercial Bankruptcy ,
Debtors ,
Executory Contracts ,
INTA ,
Intellectual Property Litigation ,
Intellectual Property Protection ,
IP License ,
Licensees ,
Petition for Writ of Certiorari ,
Section 365 ,
Split of Authority ,
Trademark Licenses ,
Trademarks
Back in the day--say, the last two decades of the twentieth century--we bankruptcy lawyers took it largely on faith that the right structural and contractual provisions purporting to confer bankruptcy-remoteness were...more
2/23/2018
/ Appeals ,
Bankruptcy Code ,
Chapter 11 ,
Chapter 7 ,
Commercial Bankruptcy ,
Creditors ,
Debtors ,
Limited Liability Company (LLC) ,
Motion to Dismiss ,
Special Purpose Entities ,
Special Purpose Vehicles
When the fallout from failed intellectual-property litigation collides with bankruptcy, the complexities may be dizzying enough, but when the emerging practices and imperatives of litigation financing are imposed on those...more
12/8/2017
/ Attorney Malpractice ,
Attorney's Fees ,
Chapter 11 ,
Chapter 7 ,
Collateral ,
Creditors ,
Debtors ,
Intellectual Property Litigation ,
Litigation Funding ,
Secured Debt ,
Trustees