[E-trademarks] joint venture question
Carl Oppedahl
carl at oppedahl.com
Thu Mar 21 03:43:25 EDT 2024
A longstanding member of the listserv wishes to ask anonymously ...
Listmates,
I could use some wisdom on the following fact pattern:
* A&B decide to form a joint endeavor, expanding the use of A's TM
(for jewelry) into new, unrelated goods/services (fresh produce)
* A&B file TM apps for the new produce product line listing both of
their names as TM owner
* A&B realize they cannot make it work and agree to assign the produce
TM apps to A
* A provides B a standard assmt of the mark, apps and goodwill.
* B's counsel edits the contract (w/o any comments or other
explanation) & removes all references to assignment of the TM
itself, leaving in only language that the apps/regs and goodwill are
being assigned.
I don't understand why counsel would do this, and do not think it will
be a valid TM assignment, nor will it be recordable.
Do you agree?
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