Mission Product Holdings, Inc., Petitioner v. Tempnology, LLC, Nka Old Cold LLC

Summary

The Supreme Court held that a trademark licensee's rights survive a debtor's rejection of a licensing agreement in bankruptcy because rejection constitutes breach under 11 U.S.C. §365(g), not rescission. The Court also found the case was not moot because Mission asserted a claim for money damages. Justice Gorsuch dissented, arguing the case was moot and should be dismissed.