IP In Bankruptcy — Insights From 6th, 7th Circs.
In the first decision, the Sixth Circuit held that bankruptcy's automatic stay may not protect a debtor from lawsuits to stop ongoing trademark and service mark infringement. The decision will be welcomed by persons with valuable intellectual property portfolios because infringers will not be able to shield ongoing infringement through bankruptcy.
In the second decision, the Seventh Circuit held that a bankrupt licensor’s rejection of a...
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