Trademark Licensee Tells High Court Bankruptcy Filings Do Not Rescind Contracts

Mealey's (December 13, 2018, 12:47 PM EST) -- WASHINGTON, D.C. — A licensee of certain trademark and distribution rights argues in a Dec. 10 merits brief to the U.S. Supreme Court that a bankruptcy filing does not empower a debtor to rescind any agreements or revoke any licensed intellectual property rights that it could not do outside of the bankruptcy context (Mission Product Holdings Inc. v. Tempnology LLC, No. 17-1657, U.S. Sup.)....