Protecting Trademarks from Theft: New Rules for Businesses and Owners.
This act aims to prevent US courts from recognizing rights to trademarks, trade names, or commercial names that have been stolen or confiscated, unless the original owner has given express consent. This means greater protection for businesses and individuals whose intellectual property may have been unlawfully seized, especially in an international context.
Key points
US courts will not recognize rights to confiscated trademarks unless the original owner has consented.
New rules apply if the person acquiring the rights knew about the prior confiscation of the trademark.
The act aims to protect intellectual property rights and prevent the legalization of trademark theft.
Expired
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