25
Fri, Sep
60 New Articles

Sorainen Again Successful for Taupkase in Domain Registration Dispute

Sorainen Again Successful for Taupkase in Domain Registration Dispute

Lithuania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Sorainen has successfully represented insolvent credit union Taupkasė in a domain registration case.

According to Sorainen, Taupkasė (which is under the administration of Klaipedos Administratoriu Biuras) sought the acknowledgement of its right to two domain names (www.taupkase.lt and www.taupkasė.lt) registered by the former chairman of the board and for the domain registration to be transferred to it. The firm reports that "the court fully upheld our client’s claim, thus forming new case-law whereby the actions of the company’s governing bodies can be treated as fraudulent and constitute grounds for revoking domain registration."

According to Sorainen, "one of the two domains was registered by the former chairman of the board before the union changed its name from Verslo credit union to Taupkasė and before the union registered its trademark Taupkasė. The court explained that as the founder and member of the union, the former chairman of the board was involved in the union’s activities and should have known that the union was going to change the name and apply for trademark registration. Nevertheless, he registered the domain in his own name. The court found that the former chairman of the board had fraudulent intent when registering and using the domain, and based on that cancelled the domain registration. The second domain was registered after the union changed its name and registered the trademark Taupkasė. The court ruled that the rights to it were protected by the union’s registered name and trademark."

The Sorainen team was led by Partner Kestutis Svirinas and Senior Associate Kazimieras Karpickis.

This is the third successful result for Taupkasė Sorainen has reported recently, following a case regarding whether a share can be recognized as a deposit  and a dispute with employees over the amount of downtime pay and termination compensation they are due (both reported by CEE Legal Matters on July 10, 2019).

Lithuanian 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