Generally speaking, wrongful trading is the special form of liability where a director of a company is liable for damages towards the creditors for the mismanagement of an insolvent company. A special feature of the wrongful trading concept is that it may give rise not only to the liability of the director of the company […]
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Our team’s work to provide exact solutions for our clients’ business needs was recognised by the Legal 500 who ranked 29 of our practices in Tier 1. The legal directory rated our performance as the strongest in the Baltic and Belarus market. Furthermore, 50 of our practitioners were individually recognised. The Legal 500 quotes comments […]
NASCAR drives for success in trademark dispute Represented by Sorainen, the National Association for Stock Car Auto Racing (NASCAR) won a court case over its trademark in Lithuania. The dispute arose after a pharmaceutical company attempted to register “Nascar” as a trademark for medicine-related goods. Even though NASCAR did not use its brand to mark […]
Publication / Ieva Andersone, Private: Gunvaldis Leitens
On 6 February 2020, the Latvian parliament (the Saeima) adopted a new Trade Marks Law at the third and final reading. The law entered into force on 6 March 2020. Our contribution During the drafting of the new law, some initiatives proposed by our Latvia office partner, sworn attorney Andris Tauriņš, were implemented in the […]
How will Brexit affect your trade mark portfolio? The United Kingdom has entered into a Brexit transition period that will last until 31 December 2020. Here’s what will happen to your EU trade marks on 1 January 2021. Registered EU trade marks will receive a comparable UK trade mark. The UK Intellectual Property Office will […]