07
Tue, Jul
55 New Articles

Sorainen Successful for NASCAR in Baltic Trademark Disputes

Sorainen Successful for NASCAR in Baltic Trademark Disputes

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Sorainen has successfully defended the interests of racing organizer NASCAR in disputes involving the registration of the company's trademark in Lithuania, Latvia, and Estonia.

Successful in all three disputes, NASCAR was able to protect the trademark and to invalidate designations of the international registration of an identical trademark by Amaxa Pharma LTD in the Baltics.

According to Sorainen, "Amaxa Pharma LTD, the proprietor of a trademark identical to our clients’, sought to extend international registration of its NASCAR trademark to Lithuania, Latvia, and Estonia. Amaxa intended to use the trademark for marking medical and health goods. NASCAR does not use the NASCAR trademark for medical products and does not have trademark protection for such products. However, Amaxa Pharma LTD can potentially exploit the well-established reputation of the NASCAR trademark and its association with popular racing, misleading consumers as to the origin of the goods by using the trademark for its own products."

In Lithuania, the issue was resolved in court, while in Latvia and Estonia it was resolved by the countries' Industrial Property Boards of Appeal.

In Estonia, Sorainen's team consisted of Senior Associate Olivia Kranich; in Latvia, Partner Andris Taurins; in Lithuania, Counsel Stasys Drazdauskas.

Latvian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

All News about Cobalt can be found here.

 

Our Latest Issue