The COVID-19 pandemic has already caused numerous companies to file for bankruptcy relief and will likely cause many more to do so. In this environment, it is particularly important for both licensees and licensors of...more
8/28/2020
/ Absolute Priority Rule ,
Bankruptcy Code ,
Commercial Bankruptcy ,
Creditors ,
Debtors ,
Federal Jurisdiction ,
Intellectual Property Protection ,
IP License ,
License Agreements ,
Mission Product Holdings Inc v Tempnology LLC ,
Section 365 ,
Trademark Licenses ,
Trademarks
Landlords beware: You may not be able to rely on all the remedies found in your lease if your tenant files bankruptcy. For example, the bankruptcy section of your lease may provide that the tenant filing a bankruptcy petition...more
A recent decision by the U.S. Court of Appeals for the Seventh Circuit should prompt landlords to give careful consideration before entering into a lease termination agreement with a distressed tenant.
In In re Great...more