Top Ten Red Flags to Look for in Your Brand License Agreement
This article outlines red flags that brand owners and licensees should look for, consider, and address if they find such flags in a brand license agreement.
This article outlines red flags that brand owners and licensees should look for, consider, and address if they find such flags in a brand license agreement.
IP practitioners do not view themselves as typically in the crosshairs of political and national security issues. But the Russian invasion of Ukraine offers many lessons learned from the perspective of how to prepare for any future sanctions or political pressure, and what to do if such actions are taken.
This is a form trademark license agreement prepared from the perspective of a licensor looking to promote its brand and its own products by granting a license to a licensee to use the brand on its various products and promotional items.
The EU AI Act is hotly anticipated as being a benchmark AI law that other jurisdictions might look towards when developing their own laws (much like GDPR has become a standard upon which some other countries’ own laws are based). First, much like the GDPR in terms of impact, the EU AI Act will have an extra-territorial scope, extending to providers and users of AI outside the EU where the output is used in the EU. Secondly, the Act does lay down fixed penalties for certain infringements of the Act, the highest fine being 30,000,000 EUR or 6% of a company’s total worldwide annual turnover (3% in the case of an SME or start-up) for non-compliance with the prohibitions of AI practices.
The Eversheds Sutherland European Dictionary of Selected Legal Terms has been specifically designed with US and UK corporate counsel in mind. It brings together in a handy pocket format a guide to more than 1000 legal and commercial expressions commonly encountered or used by US and UK corporate counsel in business and in litigation situations in Europe. By covering these terms in English, French, German, Italian and Spanish, it extends to the European markets which directly serve more than 300 million people.
With organisations increasingly relying on AI technology, UK and EU regulators are turning their attention to effective regulation of AI in an effort to recognise its benefits while instilling confidence in individuals that the increasing use of AI is being deployed appropriately and lawfully. In the EU, the European Commission’s AI Act (“Act”) proposal has undergone further changes following review by EU member states. The Council of the EU approved a compromise version of the Act on 6 December 2022. The European Parliament is expected to vote on the draft by the end of March 2023, with a view to adopting the Act by the end of 2023.
In a first-of-its-kind case to focus on trademark infringement and dilution in the virtual world, a nine-person jury in Manhattan, New York has sided with the French fashion house, Hermès International S.A (“Hermes”) in its legal battle against Sonny Estival aka Mason Rothschild (“Rothschild”), the creator of the “MetaBirken” Non-Fungible tokens (“NFTs”).
Being sued for patent infringement can strike fear into the heart of the most seasoned in-house counsel. But some patent owners seek to resolve issues of alleged infringement outside of litigation, and this typically starts with a demand letter. Initially published December 2, 2022; republished March 30, 2023.
Learn about Virtual Private Networks (VPNs) and related copyright issues.
Learn tips and pitfalls regarding advertising in connection with the 2022 Football World Cup in Qatar.