Bankruptcy Impact on Trademarks, Distribution Rights

It's not uncommon for rights licensees in the entertainment industry to find themselves in a rights dispute when a licensor files for bankruptcy.

8 minute read April 01, 2018 at 12:11 AM
By
Shmuel Vasser and Yehuda Goor
Bankruptcy Impact on Trademarks, Distribution Rights

It's not uncommon for rights licensees in the entertainment industry to find themselves in a rights dispute when a licensor files for bankruptcy. Section 365(a) of the Bankruptcy Code allows a Chapter 11 debtor, subject to court approval, to assume or reject any executory contract.

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