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Intellectual Capital Protects CD Land Contact's IP in Russia

Intellectual Capital Protects CD Land Contact's IP in Russia

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Acting on behalf of firm client CD Land Contact LLC, Russia's Intellectual Capital law firm has initiated bankruptcy proceedings against Fortes LLC.

According to Intellectual Capital, Fortes illegally sold products in its Red Cube chain of stores using the image of a character owned by CD Land Contact LLC. According to the firm, “CD Land Contact LLC, a company that manages copyright and related rights, and also holds a license to use the work of fine art Homunculus loxodontus, known in Russia as ZHDUN.”

Intellectual Capital reported that a dispute ensued last year over Fortes’s illegal use of ZHDUN’s IP and that a court in Russia decided in favor of CD Land Contact and ordered Fortes to pay RUB 5 million in damages. The execution of that decision, the firm reported, became impossible due to Fortes’s insolvency, and as a result, Intellectual Capital initiated the bankruptcy procedure for Fortes LLC.

Intellectual Capital's team was led by Lawyer Emma Kalamkaryan.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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