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TitleProtecting a Trademark Licensee's Rights from Rejection in the Licensor's Bankruptcy Proceedings
Author(s)Alexander Papaefthimiou
First Page220
AbstractSuppose your client is a successful operator of a fast-food restaurant under an agreement with a franchisor that is on the verge of bankruptcy. The franchisor's trademarks-currently licensed to your client under the agreement, along with rights to use various secret cooking processes and marketing techniques-likely will be the major assets in the bankruptcy proceeding. What adverse effects from a the franchisor-debtor's bankruptcy can be anticipated on the franchisee's entitlements to use the franchisor's trademarks?