High Court Snubs Case On Debtor's IP License Rights

Law360, New York (March 23, 2009, 12:00 AM EDT) -- The U.S. Supreme Court has refused to grant certiorari in a case seeking to resolve a split in the circuit courts over the power of a Chapter 11 debtor-in-possession to assume certain executory licenses, which include patent and copyright licenses, held before bankruptcy.

The high court on Monday denied a petition to hear a trademark dispute between debtor NCP Marketing Group Inc. and BG Star Productions Inc., but Justice Anthony M. Kennedy explained that while this case was not the most suitable for the resolution of...
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