China Cracking down on Malicious Trademark Registrations

What do a deck of playing cards and a lighter have in common? ‘Nothing’, one could argue. On December 30th 2015, the Beijing No.1 Intermediate People’s Court argued otherwise and endorsed a creative argument in a case involving the world’s biggest playing card manufacturing company and a malicious trademark applicant. The United States Playing Card […]

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Securitization in Luxembourg

By “securitisation” is meant the operation by which a securitisation vehicle acquires or takes on risks linked to loans, goods or liabilities accepted by a third party by issuing transferable securities the value or yield of which is dependent on these risks. Practically speaking, a securitisation operation consists of bringing together a group of assets […]

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The advantage of a SOPARFI in Luxembourg

The SOPARFI (Société de Participations Financières) is not a special type of company but an ordinary commercial entity governed by common law, specifically the 1915 Law on commercial companies. It does not enjoy any special tax regime and is fully taxable. There are no restraints on its field of activity. A Soparfi can, however, significantly […]

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Fighting Counterfeits in China – Light at the End of the Tunnel?

While many foreign companies believe that China represents an exceptional business opportunity, concerns over patent, trademark, and copyright protection have long been viewed as a barrier to moving forward. While knock-off and copy-cat products originate in many countries, China was for years — and still is — considered the most flagrant offender. In a private conversation with the Technical Services […]

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China’s New Trademark Law: Greater Protection, Higher Penalties and More Efficient Registration

The new Trademark Law was passed on August 30, 2013, to take effect on May 1, 2014, after nearly 10 years of revisions and several rounds of public comment. China’s Standing Committee of the National People’s Congress made a hearty attempt to outline ways to streamline trademark registration processing, afford greater protection for trademark owners […]

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