IP

A Rum Do

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Source: Marks & Clerk via mondaq.com, 11 July 2017

“Captain Morgan has not found imitation to be the sincerest form of flattery and in a swashbuckling face-off, has forced Admiral Nelson to retreat from Canadian liquor store shelves.”

“While the Court found there was little scope for confusion between the wording ADMIRAL NELSON’S and CAPTAIN MORGAN when spoken, a likelihood of visual confusion between the fanciful depictions of an historical naval figure wearing a nautical uniform with buttons and a cape as represented by each of the ADMIRAL NELSON’S and CAPTAIN MORGAN characters was considered to exist.  The Court concluded there would be a likelihood of confusion from the perspective of the somewhat hurried consumer who would not pause to examine the points of similarity or difference between the marks. This “illusion of sameness” would lead to confusion as to source.”

Source article here

 

Specialist Intellectual Property Firm Wynne-Jones Opens London Office

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This launch comes as the firm has achieved double digit growth for the third year running.

The continued popularity of entrepreneurial business trends such as crowd-funding has led to a surge in interest in brand and invention protection generally and increased client opportunities for Wynne-Jones IP.

The new London office will also accommodate the UK Head Office of Aipex BV, the pan-European IP law firm that Wynne-Jones IP owns in conjunction with a small number of other prominent European IP firms.

The office will be headed up by Partner Victor Caddy, who has more than twenty years’ experience as a Trade Mark and Design Attorney and Litigator.

Commenting on the opening of the London office, Caddy said: “A year ago, we set out to launch our first London office within four years and have achieved this in less than twelve months.

“This is thanks to the high quality of the team we have managing our business planning, and the dedication and enthusiasm of all our staff.

“Aipex is a ready-made solution to intellectual property challenges of Brexit, and, for Aipex to open a London Head Office at this time is a no-brainer”.

Wynne-Jones website here

Trademarks – “A BrewDog’s Breakfast”

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Source: ENSafrica via monaq.com

This article is of local interest to me.

“The recent storm in the UK about Scottish craft brewing company BrewDog’s decision to invoke its trade mark rights against much smaller rivals highlights the difficulties and negative repercussions that can arise when it comes to enforcing trade mark rights.

So, when BrewDog started pursuing much smaller companies on trade mark issues it became a major story, with people seeing their actions as hypocritical.

The allegation that it was acting like ”just another multinational corporate machine” stung, and the company made it known that one of the two founding partners would personally take care of the situation.

It went on to blame its lawyers for the whole debacle, claiming they had been overzealous and stating that: ”Although they wear suits and are mostly sensible folks, lawyers can sometimes go a bit crazy and forget the kind of business we are and how we behave. They are sorry for their actions and we have put them on washing up duty for a week.”

Trade mark rights are, of course, enormously important, and they should be enforced. But a thoughtful and nuanced approach is often required.

In the case of a company that has a very particular image (like BrewDog), that approach should include a consideration of the brand’s DNA.”

Source article here

 

Great Technology! Pity About the Value.

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Two interesting & informative articles from Australian IP Specialists Griffith Hack.

“In a corporate environment preoccupied with the risks and opportunities of disruptive technology, the inadequacies in investment appraisal are alarming. Many early stage tech companies starve through lack of funds. Others feast on funding before fading to irrelevance. Some thrive.”

In an attempt to pick winners, some investors use a simple formula, which incorporates an assessment of the target’s IP.

The first article below asks how the quality of IP protection can be assessed, considering a range of legal rights.

The second is a case study involving a mining equipment company with a patent portfolio protecting novel technology, the benefits of which had been assessed through engineering studies. In order to articulate and quantify its economic potential, the company commissioned an independent valuation of its core asset: its patent portfolio.

The two articles are here:

Great Technology! Pity About the Value.

IP valuation & capital raising