Supreme Court Agrees to Rule on What Is or Is Not a ‘Final, Appealable’ Order
In addition to ruling on the effect of rejecting a trademark license, the Supreme Court yesterday agreed to review one bankruptcy case and denied a petition for certiorari in another. In Ritzen Group Inc. v. Jackson Masonry LLC, the Court granted certiorari to shed more light on what is or is not a final order conveying a right of appeal in a bankruptcy case. The justices declined to review Davis v. Tyson Prepared Foods Inc., a case that could have said whether passively holding property of the estate violates the automatic stay under Section 362(a). The high court ruled that rejecting an executory trademark license does not bar the licensee from continuing to use the license.
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