http://www.seyfarth.com/publications/OMM081412#page=1
Seventh Circuit clarifies treatment of trademarks in bankruptcy cases
08/14/2012
- Attorney:
- Robert W. Dremluk
On July 9, 2012, the U.S. Court of Appeals for the Seventh Circuit issued its decision in Sunbeam Products, Inc. v. Chicago American Manufacturing, LLC (?Sunbeam?). It is a landmark opinion for trademark licensees whose licenses are rejected in bankruptcy by trademark owners.
Lakewood Engineering & Manufacturing Co. made and sold a variety of consumer products, including box fans, which were protected by its patents and trademarks. However, Lakewood was losing money manufacturing these fans. So in 2008 Lakewood contracted their manufacture to Chicago American Manufacturing?.?
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