Legal Observer, SoftSettle Support
The organizations
dealing with IP related matters may probably try to avoid a costly, lengthy and
resource-intensive lawsuits so far as they do not want to get them drained
financially with expending heavily against the IP battles in the courts. Although resolving intellectual
property disputes can be technically complex, time-consuming, resource-
draining, and adversarial, ADR offers solutions that can reduce the complexity,
time, cost, and controversy.
May
be the Intellectual Property law being uncomfortable with complexities, yet it
can be dealt with the due diligence and fairness by means of applying the tools
of Alternative Dispute Resolution so as to make sense in respect of saving time
and money consumed heavily in litigation. As everyone knows, IP litigation
tends to be protracted and lethargic. We can analyze a case being dispensed by
Mediator Affair, how ADR in a digital form could resolve a trademark infringement
issue.
A
computer software company in Bangalore claimed that a global software
corporation infringed its product trademark. The software company did not go
to the high court so far as they have found Global Software Corporation, very vital
to market their goods in case they could able to license their products with
them after a settlement deal by means of Online Dispute Resolution
Hence
they resorted to Mediator Affair. It was understood that the product gained a
good turnout in the eastern states of India. But the software company did not use
its trademark throughout India. During the resolution process, the software
company claimed that damages award should be based on granting the opposite
party a hypothetical license to use the mark within India. This license would
include hypothetical royalties.
As
the software company claimed a large sum of damages so far as they could unable
to show a loss of current profits, it was suggested to the opposite party
Global Corporation to come in terms with the Software Company in the caucus
session. Had the software company approached or move the High court, the Global
Corporation would have penalized with actual and statutory damages. As such, they were advised to play in tune with the composition of the software company.
The corporation accepted these points before the
mediator issued proceedings. However, the corporation countered by stating that
the software company would not suffer any loss as a result of their actions.
Software Company waived the claim so as to bring
the Global Corporation with adequate license to market their product all over
India
The interests of the parties got worked out.
The
free IPR/ODR consultancy services provided by SoftSettle Support (Mediator
Affair) offers effective ADR options for
complex, evolving IP matters before a dispute arises and at every stage of the resolution
process.
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