Australia, which has already banned the public display of tobacco products in retail outlets, wants to outlaw logos on cigarette packs and force them to be sold in plain dark-olive packaging, carrying health warnings instead of company logos. Cigarette brand names will appear on the packages in the same size and style of printing. The… Read more »
Posts Tagged: intangible asset
Can You Copyright a Tattoo?
Hollywood is accustomed to lawsuits over salaries, movie credits, even half-baked concepts that become movies. Now a studio may be going to court over the original concept of a tattoo. In “The Hangover Part II,†the character played by Ed Helms wakes up with a permanent tattoo bracketing his left eye, which bears an eerie… Read more »
Intellectual Property Disputes
The proper valuation and management of intellectual property is an area where accountants add value to their client services. Often companies engage accountants and other financial experts to defend both plaintiffs and defendants in intellectual property (“IPâ€) disputes. As this video shows, similarity in names or trademarks can be at the heart of these disputes. … Read more »
The Lion that Wimpers
MGM Bankruptcy news is still coming in, but at the moment we know that Metro-Goldwyn-Mayer Inc. said it has begun seeking its creditors’ approval on a prepackaged bankruptcy plan in which they will exchange more than $4 billion in debt for equity in a new company that has rights to the James Bond franchise and… Read more »
Losing a Trademark Battle
Danish toy brick maker Lego Juris A/S has failed in its bid to overturn a European trade mark decision canceling European trade mark protection for its standard 2 by 4 red Lego brick in a September 14 ruling of the European Court of Justice. Lego went to court after a Canadian firm had made blocks… Read more »