Denim Co. Can't Block Contract Assignment: 7th Circ.

Law360, New York (July 27, 2011, 8:22 PM EDT) -- The Seventh Circuit on Tuesday ruled that denim products maker Western Glove Works could not block a bankrupt Chicago clothing company from assigning a subsidiary's services agreement to other entities because the contract was not specifically a trademark license.

Western Glove, a Canadian denim company, had objected to the sale of assets of XMH Corp. — which once made President Barack Obama's suits — during its bankruptcy proceedings. The assets sold to Emerisque Brands UK Ltd. and SKNL North America BV included a services agreement regarding...
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