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In A Major Victory For Trademark Licensees, Supreme Court Holds That Rejection Of A Trademark License Does Not Terminate The Licensee’s Rights

In the Red

v Tempnology, LLC case: Whether, under 365 of the Bankruptcy Code,a debtor-licensors rejection of a license agreementwhich constitutes a breach of such contract, 11 U.S.C.365(g)terminates One of its first motions in the bankruptcy case was to reject the Agreement and the focus quickly turned to the trademark license.

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In A Major Victory For Trademark Licensees, Supreme Court Holds That Rejection Of A Trademark License Does Not Terminate The Licensee’s Rights

In the Red

v Tempnology, LLC case: Whether, under 365 of the Bankruptcy Code,a debtor-licensors rejection of a license agreementwhich constitutes a breach of such contract, 11 U.S.C.365(g)terminates One of its first motions in the bankruptcy case was to reject the Agreement and the focus quickly turned to the trademark license.

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One Bankruptcy Court’s Analysis of a Motion to Dismiss Avoidance Claims: The Analytical Framework

PBWT

A federal judge recently allowed a trustee’s preferential transfer claim against a law firm to proceed but dismissed a constructive fraudulent transfer claim. The debtors had paid the law firm $90,000 in the 90 days before the chapter 11 filing. Insys Liquidation Trust v. 19-11292, Adv. 2021 Bankr.

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In A Major Victory For Trademark Licensees, Supreme Court Holds That Rejection Of A Trademark License Does Not Terminate The Licensee’s Rights

In the Red

v Tempnology, LLC case: Whether, under §365 of the Bankruptcy Code, a debtor-licensor’s “rejection” of a license agreement—which “constitutes a breach of such contract,” 11 U.S.C. 365(g)—terminates rights of the licensee that would survive the licensor’s breach under applicable nonbankruptcy law. .

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Burr & Forman’s Construction and Project Development Practice Group Continues to Grow with the Addition of Bryant Hitson

Burr Forman

Burr & Forman announces the addition of Bryant Hitson to the firm’s Construction and Project Development practice group. Bryant is an associate in the firm’s Mobile office. Bryant joins Burr & Forman after five years at a boutique law firm in the Mobile area. About Burr & Forman LLP.

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56 Burr & Forman Attorneys Ranked in 2021 Chambers USA

Burr Forman

The firm received 23 total rankings across the firm’s footprint including Alabama for Banking & Finance, Bankruptcy/Restructuring, Commercial Litigation, Construction, Corporate/Commercial, Healthcare, Labor & Employment, and Real Estate. Chris Carson, Bankruptcy/Restructuring. Jack Kowalski, Construction.

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New Appeals Court Ruling on the Scope of Subsequent Transferee Liability Under Section 550

PBWT

Generation Resources Holding Company, LLC (“Generation Resources”) agreed in July 2005 to sell the right to construct three wind power projects to Edison Capital in exchange for certain payments. In April 2008, Generation Resources filed for bankruptcy, and Eric C. ” 11 U.S.C. § § 550(a). .”