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Bankruptcy Court Won’t Dabble in Case Concerning a Marijuana Business

PBWT

Like many other retail businesses, those dispensaries needed suppliers, who in turn needed manufacturers, who themselves needed to procure equipment. Rosinbomb manufactures and sells “organic extraction presses utilizing a combination of heat and pressure to generate organic concentrates.” ” In re Mayer , 2022 Bankr.

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E-Bike manufacturer goes into liquidation

UK debt collections

Amsterdam-based VanMoof, an e-bike manufacturer, has gone into liquidation in the UK. The bid comes after VanMoof’s declaration of bankruptcy, and the court of Amsterdam lifting the suspension of payment proceedings for VanMoof Global Holding BV, VanMoof BV, and VanMoof Global Support BV.

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Trademark Licensees Take Note: The Supreme Court Might Review The Tempnology Decision — And Whether A Licensee Can Keep Trademark Rights After Rejection

In the Red

The twists and turns of the In re Tempnology LLC bankruptcy case have been a frequent subject on this blog for good reason. The case addresses whether a trademark licensee, whose licensor files bankruptcy and rejects the license agreement, retains any rights to use the trademark — or instead is out of luck. A Wild Ride.

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Rejection Time: On February 20th The Supreme Court Hears Oral Argument On The Big Question In The Tempnology Case — Does A Trademark Licensee Lose Its Rights Upon Rejection?

In the Red

The case has gone from the bankruptcy court , to the Bankruptcy Appellate Panel , and then to the First Circuit. In response to Lubrizol , Congress enacted Section 365(n) of the Bankruptcy Code to protect licensees of enumerated types of intellectual property from the impact of rejection. 3d 382 (7th Cir.

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Waves of Small Business Insolvency expected over next few years

UK debt collections

Euler Hermes’s forecasts are based on three indicators that can help detect small business insolvency and corporate distress four years before a bankruptcy. Automotive manufacturers and suppliers rank among are among the most exposed, with around 36% within the sector exposed to the risk of insolvency.

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Throwing Shade At Sunbeam: Following Lubrizol And Not The Seventh Circuit, The First Circuit Leaves Another Trademark Licensee Rejected And Out Of Luck

In the Red

When it comes to decisions on bankruptcy and trademark licenses, the In re Tempnology LLC bankruptcy case is the gift that keeps on giving. Following Tempnology’s rejection of an agreement containing a trademark licensee, the New Hampshire Bankruptcy Court ruled that the licensee could no longer use the licensed trademarks.

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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. One of its first motions in the bankruptcy case was to reject the Agreement and the focus quickly turned to the trademark license. 3d 382 (7th Cir.