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Fraudulent Trademark Ownership Claims Lead to Near $4 Million Punitive Damages Verdict

IP Watchdog

District Judge James Selna granted a motion for sanctions after finding that ConsumerDirect fraudulently represented its ownership of unregistered trademarks while obtaining a preliminary injunction in U.S. On November 8, a Central California jury entered a verdict awarding $3.9 The verdict comes weeks after U.S.

Ownership 117
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Federal Circuit Says Minority Ownership Interest Isn’t Enough for Standing to Seek Trademark Cancellation

IP Watchdog

Court of Appeals for the Federal Circuit (CAFC) on Thursday, May 23, affirmed a Trademark Trial and Appeal Board (TTAB) decision that found a party with only a minority ownership interest in the owner of allegedly infringed marks did not have standing to seek cancellation of the marks.

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Can You Smell What The Rock is Trademarking? A Look at IP Protection

Greenspoon Marder LLP

His recent acquisition of full ownership rights to “The Rock” trademark serves […] The post Can You Smell What The Rock is Trademarking? A Look at IP Protection appeared first on Greenspoon Marder LLP.

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The USPTO and USCO Delivered a Report to Congress on IP Issues with NFTs – Maintains Existing IP Regime

Intellectual Property Law Blog

The United States Patent and Trademark Office (“USPTO”) and the United States Copyright Office (“USCO”) delivered a report to Congress entitled Non-Fungible Tokens and Intellectual Property on March 12, 2024 (“Report”). While the Report is comprehensive, it does not recommend any new action to address IP issues with NFTs.

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The Pride in Patent Ownership Act is Big Tech Boondoggling

IP Watchdog

The Pride in Patent Ownership Act, S.2774, Attaching the Pride in Patent Ownership Act to the NDAA means it will certainly become law. Attaching the Pride in Patent Ownership Act to the NDAA means it will certainly become law. Patent and Trademark Office (USPTO) within 120 days.

Ownership 130
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Tokenization of IP assets

Olartemoure Blog

Tokenization refers to the process of creating digital tokens that represent ownership of an asset. The assets can be physical or digital, and tokenization allows for fractional ownership of assets, making it easier for investors to buy and sell them. Investors can buy and sell the tokens, providing liquidity for the IP asset.

IP 104
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IFI CLAIMS Rankings Show Increasing Role of Chinese Entities in U.S., Global Patent Ownership

IP Watchdog

patent recipients and active patent family owners, providing the IP world with a look at the patent ownership landscape that developed throughout the course of 2021. Patent and Trademark Office (USPTO), while South Korean tech conglomerate Samsung Electronics enjoys the largest portfolio of global active patent families.

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