0 results for 'Exide Technologies'
IP License Rights in Bankruptcy: The Trademark Dilemma
Over the years, a company's rights in intellectual property have become increasingly important to its short and long term viability and value. Companies invest substantial capital licensing and developing intellectual property rights, thereby increasing the value of their intellectual property assets. They rely on their right to continued use of such intellectual property assets. Consequently, the disposition of intellectual property licenses in bankruptcy can have a significant impact on both the licensor and licensee.'Deepening Insolvency' Concerns Secured Lenders in Bankruptcy
Lenders that extend credit to corporate borrowers often require their borrowers to secure the debt in some way. When borrowers experiencing financial difficulties seek additional capital to keep their operations afloat, lenders often require more collateral.New Perspectives for Trademark Licensees in Licensor Bankruptcies
Brian Trust, Joel Moss and Monique Mulcare of Mayer Brown write that recent circuit court decisions provide trademark licensees strong authority to argue that a trademark license does not terminate in the event of a debtor's rejection.3rd Circuit Restricts Rejection of Licensing Contract by Debtor
The 3rd U.S. Circuit Court of Appeals has held that Exide Technologies, which is in Chapter 11 bankruptcy, cannot reject a contract it entered with EnerSys Delaware Inc. that includes a license to use the Exide trademark.The Bankruptcy Files: Autos, Fat Lasers, and Retailers
Two key lateral hires by DLA Piper in 2011 helped the firm pick up the lead debtors' counsel role to Orchard Supply Hardware Stores, which filed for bankruptcy this week and sought to sell the bulk of its assets to rival Lowe's. Other Am Law 200 firms like Andrews Kurth, Ice Miller, Latham, and Skadden are advising Carbon Motors, Exide Technologies, OnCure Holdings, and Primcogent Solutions in their Chapter 11 cases.View more book results for the query "Exide Technologies"
$10.7M Settlement Reached Over Two Workers' Acid Accident
Four companies have reached a $10.65 million settlement in a Philadelphia court case stemming from an acid accident at an automotive-battery manufacturer that left one man dead and another burned. The attorney for both men said $6.6 million will go to the dead man's estate and $4 million will go to his burned co-worker. The settling companies were involved in the manufacture, sale, and installation of a sulfuric acid tank; the employer apparently had immunity under state workers' compensation law.$10.7 Mil. Settlement Reached Over Workers' Acid Accident
Four companies have reached a $10.65 million settlement in a Philadelphia common pleas court case stemming from an accident at an automotive-battery manufacturer that left one man dead and another burned.The Expanding Scope of Lender Liability
Bankers beware. Lenders are under stricter scrutiny regarding who they conduct business with and what they know about their debtors, particularly when a debtor subsequently files for bankruptcy.The Expanding Scope of Lender Liability
Bankers beware. Lenders are under stricter scrutiny regarding who they conduct business with and what they know about their debtors. Recently, cases have analyzed whether to permit claims to proceed against lenders on theories of aiding and abetting, equitable subordination, deepening insolvency and fraudulent conveyance in situations where the lenders have taken little action beyond ordinary lending or due diligence.'Sunbeam' Protects Trademark Licensees, But Questions Remain
Proskauer Rose partner Jeffrey W. Levitan writes: The law surrounding the rights and obligations of both licensees and licensors under rejected intellectual property licenses has been uncertain for many years. Perhaps the Seventh Circuit's recent entrance into the fray will provide the impetus for a final determination on this important issue.Corporate Transparency Act Resource Kit
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