As of July 2, 2012, the World Trademark Review and its blogger, Helen Sloan, are reporting that Apple has agreed to pay $60 million to Proview Technologies for the IPAD mark in China. As I previously summarized in an earlier post, Apple thought it had already acquired all the rights to the IPAD mark, but it learned after a transaction with Proview’s sister company that it had not (allegedly) obtained a complete assignment in China from the record owner of the rights there. Apple’s proffered settlement is quite a bit larger than the $16 million it was rumored to be offering, but given the popularity of the Apple device and the potential market in China, the sum is a worthy investment.
Lessons from Apple’s experience include:
1) Diligence needs to be thorough. Mixed ownership of assets in related, sister and subsidiary names is not uncommon. Making sure the papers are signed by the right entity is critical to finalizing a deal and getting genuine closure on the acquisition of any intellectual property right.
2) Negotiating through an acquisition subsidiary can be perilous. Apple used a separate corporation to purchase rights to the IPAD mark in various countries … Keep reading
Last night, Nora Ephron passed. Already the internet andblogosphere are filled with this news and discussion of the loss of an incredibly prolific, comical and impactful artist. While she is associated with a broader feminist agenda, her real contributions were in giving comic and touching voice to life experiences that happened to be shared primarily by women. Her clarion call to women, especially younger women, to “…be the heroine of your life, not the victim,” might have been her most poignant gift.
But what, you may well ask, has Ephron’s passing to do with intellectual property or the law of information? Well everything and nothing at once… I was once asked to opine upon the intersection of intellectual property protection and gender. I was flummoxed by this question at first, feeling that certainly there was gender blindness when it comes to IP rights and their exploitation. But if you scratch beneath the surface — as Ephron always did — the story is much more complicated.It’s breathtaking to remember that women were still considered chattel until several hundred years ago. Then, having thrown off that burden, we still could not own property for another huge block of … Keep reading
Why or what or who is Lex Indicium? Roughly translated, and with apologies to the classical scholars who may happen upon this blog, Lex Indicium means “law of information,” or “law of data” in Latin. In a broad sense, the “law” that applies to data, and/or rights in data or information is what this blog seeks to explore. In my law practice, I might say that I am an “intellectual property lawyer, who specializes in trademarks, copyrights, and information law.” But my passion and interest have been drawn to this craft by fundamental questions – “who owns or should own information—any information, be it text, raw factual data, art, etc? Should it be free or should it be exploitable and monopolized and monetized? And which answers lead to the greatest good for society?”
Since I began practicing law almost 20 years ago these questions really have been asked repeatedly in the context of one burgeoning cultural phenomenon known as digital technology—which technology has had one primary (and largely freely available) medium– the internet. But the questions themselves and the issues that flow from them are ancient, stretching back to ancient times. This, combined with my own background in
… Keep reading