Intercontinental Fights To Remain In Chicago Merc's TM Suit
By Reenat Sinay (July 23, 2020, 6:14 PM EDT) -- Intercontinental Exchange Inc. has challenged the Chicago Mercantile Exchange's bid to voluntarily dismiss it as a defendant in CME's trademark infringement suit, calling it a "desperate" attempt to avoid a ruling on whether its trademarks are actually valid.
The exchanges have been locked in a dispute over whether two ICE subsidiaries misused CME's risk assessment software trademarks after their licensing agreements were terminated.
CME cannot go to trial, currently set for Aug. 31, without having to face the "threshold issue" of whether the marks are protectable, ICE argued in its Wednesday opposition brief. Dismissing ICE and its invalidity counterclaims would not...
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