Russian IP Court clarified how to tackle “cooling-off” period in parallel import disputes
Monthly Archives: December 2016
We’re in the home stretch for the year now – December is upon us! So, have you hit all of your goals for 2016? Although it’s a hugely busy time of year for many of us in terms of wrapping things up, and planning for next year, take some time to review your plan for the year and see if there’s anything that you can still implement over the next few weeks or at least add into your 2017 planning and goals. You might be pleasantly surprised to realize that you’ve got time for one more article, or your holiday networking plans will provide the opportunity for another contact or two. And taking a review of this year’s activities as you’re planning for 2017 will help to give you a realistic sense of what you can accomplish in the new year.
But first, take a look through these top posts from ILNToday, where some of our members have surely been hitting their content goals for 2016!
- Policies Prohibiting “Insubordination or Other Disrespectful Conduct” and “Boisterous or Disruptive Activity in the Workplace” Struck Down by NLRB Majority from Epstein Becker Green (US)
- Status of proposed reduction of bankruptcy term to one year by Hall & Wilcox (Australia)
- Non-possessory pledge by EXPLegal (Italy)
- Get ready for another ATED valuation date by Fladgate (England)
Given the lower temperatures this week we are especially pleased once again to support the Limerick Sports Partnership Blanket 5K. This event collects blankets, coats, sleeping bags and shoeboxes of essential supplies for those in need to stay warm this winter.
The event is a 5K walk or run on Sunday 4th December 2016 at 11 am commencing from University of Limerick’s sport boathouse. Participants’ registration ‘fee’ is simply to bring a clean blanket, adult coat, sleeping bag or shoebox filled with essential supplies such as new underwear, hats, gloves and toiletries. For more information and to register please click here.
Apple and Pear Australia Limited (APAL), the owner of well-known PINK LADY trade marks in over 80 countries, has been successful in its appeal to the Court of Appeal of Victoria against Pink Lady America, LLC (PLA) regarding rights over PINK LADY trade marks in Chile.
While the matter concerned valuable trade marks which are registered in Chile, it was essentially a contractual dispute concerning the scope of rights granted under a trade mark licence. The licence, being a contract between APAL and PLA, a company incorporated under the laws of Washington State, in The United States, was governed by the laws of the State of Victoria, Australia. The appeal has relevance not only for the construction and implication of terms for trade mark licences but also, more generally, commercial contracts.
The PINK LADY trade mark was first used in connection with the Cripps Pink apple variety. The Cripps Pink variety was bred by John Cripps at the Department of Agriculture and Food, Western Australia (DAFWA) in the 1970s, by crossing the Golden Delicious and Lady William apple varieties.
December 1, 2016 — RSS recently added two litigators to its Insurance Law Practice Group:
- Georgia Papadolias, who joined us in the early days of November after having been with a boutique litigation firm. Her practice will comprise an important share of transportation and maritime law cases.
- Sandrine Bédard, called to the Bar a mere few days ago, will remain on a course that began in 2014 as a student and continued when she articled with us. She will continue to represent before the courts a clientele that is already familiar to her.
Compensation Based on Assets Under Management May Raise Conflict of Interest Concerns Requiring a Prohibited Transaction Exemption
Advisers and financial institutions that are compensated based on a fixed percentage of the value of assets under management may want to reconsider that compensation methodology as it could require compliance with a prohibited transaction exemption, such as the Best Interests Contract Exemption (the “BIC Exemption”), which is a component of the fiduciary rule issued by the Department of Labor (the “DOL”) in April 2016 (the “Final Rule”). While stating in the recently published “Conflict of Interest FAQs” (the “FAQs”) that the ongoing receipt of a fixed percentage of the value of a customer’s assets under management, where such values are determined by readily available independent sources, typically does not require compliance with a prohibited transaction exemption, the DOL cautions that such compensation may still raise conflict of interest concerns and require that the adviser comply with a prohibited transaction exemption. The FAQs, like the Final Rule, are generally limited to advice concerning investments in employee benefit plans covered by the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), individual retirement accounts (“IRAs”) and certain other plans.