Ropes & Gray Advantage

For the world’s leaders in business and finance, Ropes & Gray’s global team of professionals has the industry savvy and legal experience to identify critical issues, solve problems and pave the way for clients’ success. Continue


LinkedIn

Twitter

Podcasts


 Go logo

Joining Ropes & Gray means becoming part of a global network of 1,400 professionals working across three continents and 17 time zones. And that translates into exciting career opportunities for entry-level candidates and experienced lawyers alike. Continue

U.S. Supreme Court Upholds State Law Rights of Trademark Licensees and Other Non-Debtor Contract Parties in Bankruptcy

On May 20, 2019, the U.S. Supreme Court issued an 8-1 ruling in the case of Mission Product Holdings, Inc. v. Tempnology, LLC. The decision resolves a circuit split, holding that a licensee may retain its right to use licensed trademarks, notwithstanding the debtor-licensor’s rejection of the contract in bankruptcy. The Supreme Court’s decision has potentially far-reaching implications. Because it interprets foundational Bankruptcy Code provisions, the decision applies not only to licensed trademark rights, but to continuing rights granted to non-debtor counterparties under other types of executory contracts. The decision will greatly enhance the negotiating leverage of trademark licensees and other non-debtor contract parties vis-á-vis secured lenders and unsecured creditors, making it more difficult for debtors to shed burdensome trademark licenses in the process of rebranding and reorganizing retail businesses. Continue

Ropes & Gray attorneys regularly provide insightful perspective on key legal issues.To read more, visit our Alerts archive.


Independent Investigation 

Ropes & Gray conducted an independent investigation into the abuse of hundreds of elite and Olympic gymnasts and other children by Larry Nassar. To read the report and for more information, please visit nassarinvestigation.com.

U.S. Supreme Court Upholds State Law Rights of Trademark Licensees and Other Non-Debtor Contract Parties in Bankruptcy

On May 20, 2019, the U.S. Supreme Court issued an 8-1 ruling in the case of Mission Product Holdings, Inc. v. Tempnology, LLC. The decision resolves a circuit split, holding that a licensee may retain its right to use licensed trademarks, notwithstanding the debtor-licensor’s rejection of the contract in bankruptcy. The Supreme Court’s decision has potentially far-reaching implications. Because it interprets foundational Bankruptcy Code provisions, the decision applies not only to licensed trademark rights, but to continuing rights granted to non-debtor counterparties under other types of executory contracts. The decision will greatly enhance the negotiating leverage of trademark licensees and other non-debtor contract parties vis-á-vis secured lenders and unsecured creditors, making it more difficult for debtors to shed burdensome trademark licenses in the process of rebranding and reorganizing retail businesses. Continue

Ropes & Gray attorneys regularly provide insightful perspective on key legal issues.To read more, visit our Alerts archive.


Independent Investigation 

Ropes & Gray conducted an independent investigation into the abuse of hundreds of elite and Olympic gymnasts and other children by Larry Nassar. To read the report and for more information, please visit nassarinvestigation.com.

Cookie Settings