Trademark Owner To High Court: Bankruptcy Filing Permitted License Termination

Mealey's (January 16, 2019, 8:16 AM EST) -- WASHINGTON, D.C. — In a Jan. 9 merits respondent brief, a trademark holder tells the U.S. Supreme Court that under “extraordinary authority” in the U.S. Bankruptcy Code, it was permitted to terminate a trademark license, stripping its former licensee’s rights to continue use of the once-licensed marks (Mission Product Holdings Inc. v. Tempnology LLC, No. 17-1657, U.S. Sup.)....