(Reuters) - Australia’s Bega Cheese said on Monday that the Supreme Court of New South Wales has dismissed a case filed by Fonterra over trademark licensing agreements and the New Zealand dairy firm’s divestment plan. Last November, Fonterra’s Australian units initiated proceedings against Bega Cheese, seeking a ruling that Fonterra’s divestment proposal would not impact the existing trademark license agreements with the Australian cheese producer, with room for changing certain control clauses within them. Bega Cheese and Fonterra are linked through trademark license agreements, allowing Fonterra to use Bega’s trademarks on specific dairy products like cheese and butter. In February, Fonterra said it will engage with potential buyers for its global consumer business and integrated businesses, which could include a sale and initial public offering. The ruling may potentially delay Fonterra’s proposed divestiture, including the sale of its Oceania unit, as it could complicate the potential changes to the licence deal between the two firms."We hope to work constructively with Fonterra Group on the sale of its Oceania businesses of which Bega Group is a natural acquirer and remains very interested in," Barry Irvin, executive chairman of Bega Group, said. Shares of Bega Cheese gained as much as 1.9%, the highest in a month. BGA: A Bull or Bear Market Play? Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if BGA is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.

Trademark law protects a trademark owner’s exclusive right to use a trademark when another’s use would likely cause consumer confusion about the source or origin of goods. Governed by the Lanham Act, establishing a violation involves demonstrating three key elements:

Friday, December 13, 2024

Is your trademark fanciful? Is your trademark strong enough for trademark protection? A blog post about trademarks from Verna Law, P.C.

Thursday, December 12, 2024

YouTube video by King Patent and Business Law

A small supermarket in Costa Rica named "Super Mario" has successfully defended its trademark against video game giant Nintendo.

How to transfer a trademark? Read this guide from Verna Law, P.C., a boutique trademark and intellectual property law firm.

YouTube video by Harrington Legal Alliance

Picture this: you’re a business owner, proudly slapping a snazzy dark green color on your medical gloves, thinking, “This is my brand…