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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.
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.
A federal judge recently allowed a trustee’s preferential transfer claim against a lawfirm to proceed but dismissed a constructive fraudulent transfer claim. The debtors had paid the lawfirm $90,000 in the 90 days before the chapter 11 filing. Insys Liquidation Trust v. 19-11292, Adv. 2021 Bankr.
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. .
Burr & Forman announces the addition of Bryant Hitson to the firm’sConstruction 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 lawfirm in the Mobile area. About Burr & Forman LLP.
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.
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). .”
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