News & Publications

Storm Clouds On The Horizon: Restructuring Risks Facing The Auto Industry

While the economy overall is strong and vehicle sales are still robust, there are risks in the industry that may affect the supply chain and cause disruptions throughout the year. Chief among these are the ongoing concerns regarding tariffs on products such as steel and aluminum, along with the on-again, off-again trade disputes with China. In addition to the upheaval in global markets, the shift away from passenger cars and toward trucks and sport utility [...]

By |April 2nd, 2019|

Mission Products v. Tempnology: Is Bankruptcy The End For Trademark Licenses?

Oral argument before the Supreme Court was held on February 20 in the much-watched and even more intensely discussed trademark dispute Mission Product Holdings, Inc. v. Tempnology, LLC.1 The case presents the difficult and multifaceted question: Does bankruptcy law insulate the right of a trademark licensee to continue using the licensed mark despite the bankrupt trademark licensor's decision to "reject" the remaining term of the trademark license? It may come as a surprise to some that [...]

By |March 7th, 2019|

No Comity Extended To Foreign Bankruptcy Without Chapter 15 Recognition

U.S. courts have a long-standing tradition of recognizing or enforcing the laws and court rulings of other nations as an exercise of international "comity." Prior to the enactment of chapter 15 of the Bankruptcy Code in 2005, the procedure for obtaining comity from a U.S. court in cases involving a foreign bankruptcy or insolvency case was haphazard and unpredictable. A ruling recently handed down by the U.S. District Court for the Northern District of Illinois [...]

By |February 27th, 2019|
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