Trust But Verify

Law360, New York (May 26, 2011, 2:02 PM EDT) -- A recent opinion of the U.S. Court of Appeals for the Seventh Circuit underscored the danger to trademark owners of not exercising quality control over its licensees: the trademark goes abandoned and the owner loses its rights. And “exercise” is the key word. It is not enough to trust the licensee but do nothing. And it may not be enough just to insert to insert a boilerplate quality control provision into the license agreement.

Even a powerful brand worth millions of dollars can suffer the fate...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.