08|08|2011 3:31 pm EDT
NCR wants to Keep BlockbusterExpress.com Domain Name
As reported by Home Media Magazine, NCR has filed a motion that the BlockbusterExpress.com domain name is not to be included in litigation with Dish Network, the new owner of the Blockbuster brand as part of the Chapter 11 proceedings.
On March 2, 2009, NCR and Blockbuster signed a license agreement regarding the domain right to the Blockbuster name for a nascent kiosk business venture. After Dish acquired Blockbuster stores and related brand rights from bankrupt Blockbuster Inc., it has sought to terminate the (“executory�) license agreement with NCR Corp.
[...]
“As of the petition date in these chapter 11 cases, the domain assignment was not an executory contract, and hence cannot be assumed or rejected under the bankruptcy code,” NCR wrote in the motion.