How To Handle Rejection?

It has been a few years since the Supreme Court’s decision in the Mission Product case. Your client asks whether its exclusive rights to provide services to the debtor survives rejection of the underlying contract. You may remember reading about a decision addressing this issue, In re Nine Point Energy Holdings, Inc., in a recent Practical Guidance newsletter.

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Related Content

• Supreme Court Resolves Circuit Split on Effect of Rejection of a Trademark Licensing Agreement in Bankruptcy
  Review this article for a discussion of the Supreme Court’s Mission Product decision. 

• Intellectual Property Agreements: The Assumption/Rejection Risk
  Read this practice note for an overview of the treatment of intellectual property agreements in bankruptcy.       

• Rejection and Assumption of Commercial Leases Video
  Watch this video for highlights of the key requirements for the debtor to assume and reject commercial leases.

• Assumption, Assignment, and Rejection of Executory Contracts
  See this practice note for the general requirements for assuming, assigning, and rejecting executory contracts and unexpired leases under Section 365 of the Bankruptcy Code.

• Special Considerations for Assumption, Assignment, and Rejection of Certain Executory Contracts
  Review this practice note for an overview of the requirements for assuming, assigning, and rejecting shopping center leases, intellectual property agreements, aircraft equipment and vessels, and agreements with retired employees.

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