In these unprecedented times, all businesses will be facing issues they have never encountered before. The disruption caused by the measures imposed to combat the COVID-19 outbreak are significant and wide-reaching, impacting every business and its suppliers, customers, workforce, investors and lenders. At Crowell & Moring, our lawyers across the globe have extensive experience of
Crowell & Moring Bankruptcy Practice Recommended in Forbes Magazine – Top Corporate Law Firms
Forbes has created its inaugural “America’s Top Corporate Law Firms” list and worked with the market research firm Statistica to conduct an online survey of lawyers both at law firms and GCs between April 1 and May 17, 2019.
Self-recommendations were not considered and law firms that received the most recommendations were included
No “Backsies” – Licensors Cannot Use Bankruptcy To Claw Back Trademark Rights from Licensees says US Supreme Court
By Anne Li, Mark Lichtenstein, Ilana Lubin, Preetha Chakrabarti, and Michelle Chipetine.
On Monday, May 20, 2019 the Supreme Court settled a decades-long circuit split regarding a licensee’s ongoing trademark usage rights following the rejection of a trademark license agreement under the U.S. bankruptcy code. In an 8 to 1 decision, the Court found that “rejection breaches a contract but does not rescind it. And that means all the rights that would ordinarily survive a contract breach, including those conveyed here, remain in place.”Continue Reading No “Backsies” – Licensors Cannot Use Bankruptcy To Claw Back Trademark Rights from Licensees says US Supreme Court