article thumbnail

Security Interests in Trademarks: Best Practices

Traverse Legal Blog

By definition, a security interest is a property interest created by agreement between parties or by operation of law over assets in order to secure the performance of an obligation. Due Diligence for Security Interests in Trademarks. Trademark Collateral Security Agreements. Article updated May 2022.

article thumbnail

The Amendment to the IT Rules, 2021: Part 1 – Locked, Loaded, and Aimed at the Intermediaries

SpicyIP

the definitions) and Part II (dealing with intermediaries and social media intermediaries) of the IT Rules, 2021 and primarily impacts only the intermediaries in terms of their obligations under Rule 3. What are the proposed amendments? The Draft Amendment brings about certain changes to only Part I (viz.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

it is unfair to fail to disclose paid promotion/for influencers not to do due diligence on what they promote

43(B)log

Plus, “based on the Court’s common sense and experience, hashtags are a commonly used mechanism of communicating information on social media platforms and one would reasonably expect to see such an advertising disclaimer in the form of a hashtag below the substance of the post.”

article thumbnail

Can You Copyright or Trademark a Logo Designed by AI?

LexBlog IP

They don’t have the sophistication yet to generate a logo that for sure wouldn’t definitely infringe on someone else’s if you used it. You will need to have proper searching due diligence done to make sure you won’t be infringing on someone else’s trademark rights. Like speeding.

Designs 52
article thumbnail

SpicyIP Weekly Review (October 9- October 15)

SpicyIP

Passing the order, the court also clarified that the term “diagnostic” under Section 3(i) should neither be construed narrowly, limited to only in-vivo or definitive diagnosis, nor broadly to include any process relating to diagnosis. POI Social Media Pvt. vs Vijay Munjal And Anr. Humans of Bombay Stories Pvt.

article thumbnail

U.S. Treasury Study Rejects Immediate Need for New Regulation of Art Market

LexBlog IP

” To develop the Report, “Treasury considered a broad definition of high-value art to include tangible, visual art” and “identified functional qualities of visual art.(such ” [25] This is especially true on third-party sales websites (social media marketplaces, eBay, etc.), Online Marketplaces.

Art 52
article thumbnail

Legal Implications of IPR Protection ‘In The Cloud’: an Indian Analysis

IIPRD

Hence in these cases, there arises the situation of divided infringement for which no definitive law exists.” [4] 4] SOLUTION IP audit and due diligence can help identify the IP rights and obligations of the parties involved, as well as the potential IP threats and opportunities.