IPLBAIntellectual Property Licenses in Bankruptcy Act (est. 1988; US Bankruptcy Code amendment)
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Due to the Supreme Court's recent refusal to determine the proper effect of rejection on a trademark licensee, this Note proposes amending the Bankruptcy Code to expressly provide the equitable solution that Congress imagined when it passed the IPLBA. (157) Like the IPLBA, an amendment for trademark licenses should allow the licensee to retain usage of the trademark post-rejection.
100-505, at 1-2 (acknowledging recent court decisions as need for legislation); Nguyen, supra note 4, 1291-92 (indicating IPLBA as response to Lubrizol).
1993, at 20, 20 (explaining changes in law resulting from IPLBA).
(145.) See infra text accompanying notes 146-49 (analyzing IPLBA).
(146.) See supra notes 51-55 and accompanying text (discussing IPLBA).
As Congress recognized in the development of the IPLBA, a
and Bankruptcy--Has the IPLBA Thawed the "Chilling Effects" of