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BLT: May 2013

Recent Bankruptcy Developments May Give Trademark Licensees Reason to Hope

Feature Articles

Recent Bankruptcy Developments May Give Trademark Licensees Reason to Hope

Recent decisions suggest that trademark licensees may have more rights than previously thought when their licenses are rejected in a licensor's bankruptcy.

The real estate collapse of 2008 hurt senior mortgage lenders, but it pummeled junior lenders, whose second liens went from above to below water, almost in a heartbeat. Some homeowners, however, saw an opportunity.

On April 22, 2013, the Securities and Exchange Commission (SEC) announced its first-ever non-prosecution agreement (NPA) in a matter involving potential violations of the Foreign Corrupt Practices Act (FCPA).

Over the past several years, both the Delaware Supreme Court and the Court of Chancery have recognized the problem of plaintiffs that rush to file derivative actions without first investigating their claims, usually in multiple forums, following the announcement of some corporate trauma.

In 1997, President Clinton appointed Mozelle W. Thompson as a Commissioner on the Federal Trade Commission where he became a leader in international consumer protection, high technology competition, and online privacy. Previously, Thompson had served in the Treasury Department, overseeing domestic spending and credit policies and creating the Office of Privatization. Before that, he was general counsel of the New York State Finance Agency.

Explore the Joint Task Force on M&A Litigation, the Mergers and Acquisitions Committee, and the Director and Officer Liability Committee.

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Question: In 2013, Edward Snowden facilitated the release of more than 58,000 classified documents and exposed the Section 215 bulk data collection and PRISM monitoring programs. Who is credited in some circles as pulling off the first network “hack” in history? 

Please see Inside Business Law for the answer to this month’s Business Law Section Trivia Question.

The June 2016 issue of Business Law Today will have two main themes: compliance and white collar crime. Compliance topics include practical tips ranging from hiring in the workplace to regulatory compliance with company jets. White collar crime will look inside encryption for lawyers as well as multijurisdictional bribery enforcement. In this issue, readers will get acquainted with the brand-new cyber technology column and the second piece in a three-part series on commercial contracts.

Do you have a great idea for a BLT article? Would you like to see more of a featured column? Let us know how we can make Business Law Today the best resource for you and your clients. We welcome any suggestions. Please send us your feedback here.

Saratoga Institute on Equine, Racing and Gaming Law
August 9-10, 2016
Saratoga Springs, NY

Business Law Section Annual Meeting
September 8-10, 2016
Boston, MA

Miscellaneous IT Related Legal News (MIRLN) 17 April - 7 May 2016 (v19.07)

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