Lucas F. Hammonds

Sills Cummis & Gross P.C.

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Recently by Lucas F. Hammonds

Real Estate

Bankruptcy Claims & Protections

The Bankruptcy Code is a powerful tool for debtors in assuming or rejecting unexpired issues in commercial real estate.

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In Re Bayou Shores SNF, LLC: Another Limitation on the Limited Jurisdiction of the Bankruptcy Courts?

Medicare and Medicaid reimbursement payments are the principal source of revenue for many hospitals and nursing facilities. These sources of revenue can be particularly important to distressed healthcare providers who seek reorganization under the Bankruptcy Code. Because governmental...

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Bankruptcy & Restructuring

Trademarks And Bankruptcy: Seventh Circuit Provides Lifeline For Trademark Licensees Confronting Licensor Bankruptcy

The Bankruptcy Code provides certain protections to intellectual property licensees. Specifically, section 365(n) of the Bankruptcy Code grants intellectual property licensees the ability to retain rights under license agreements rejected by bankrupt licensors under section 365(a). This...

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Bankruptcy & Restructuring

Intellectual Property And Bankruptcy: Strategies For Intellectual Property Licensees Who Depend Upon The Use Of Complementary Trademarks When A Licensor Files For Bankruptcy

The bankruptcy of a licensor can dramatically impact the rights of an intellectual property licensee. As discussed below, that impact can be particularly acute when the value of an intellectual property license is dependent upon the continued use of a trademark because the Bankruptcy Code...

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