You Can Reject Me, But You Can’t Vaporize Me: The Supreme Court Clarifies the Effect of Rejection of Trademark Licenses in Bankruptcy

On May 28, 2019, Cravath prepared for its clients a memo entitled “You Can Reject Me, But You Can’t Vaporize Me: The Supreme Court Clarifies the Effect of Rejection of Trademark Licenses in Bankruptcy,” which analyzes the Supreme Court decision in Mission Product Holdings Inc. v. Tempnology, a case at the intersection of trademark and bankruptcy law. The memo details the significance of the Court’s decision, which resolves a long-standing circuit split and provides a statement of the Supreme Court’s general view of the impact of the “rejection” of a contract by a debtor in a bankruptcy case.

Please click here to read the memo.