Heitner Legal
What happens to a trademark licensing agreement when the licensor files for bankruptcy? It is an issue that was just reviewed by the U.S. Supreme Court in the case of Mission Product Holdings v. Tempnology. The highest court held that filing for bankruptcy does not deprive the licensee of its rights to use the licensed trademark. […]
The following article was written by Cyle Kiger. Late 2011, Power Balance, a California wristband company and owner of the naming rights to the Sacramento Kings arena, filed for Chapter 11 bankruptcy. The Kings have recently filed a claim for $8.3 million against Power Balance. Chapter 11 bankruptcy is the type of most bankruptcy cases. It […]