Sunday, July 27, 2014
Russian IP Court Upholds Alibaba Trademark Against Cybersquatter
The Russian IP court ruled against cybersquatter Holmrook Limited, a company with Russian ties, incorporated in the British Virgin Islands. Chinese internet giant, Alibaba Group, challenged Holmrook's use of the Alibaba trademark in Holmrook's domain registration for alibaba.ru. The court's decision comes on the heels of a May decision stopping any legal protection for Holmrook's use of the "alibaba" trademark in connection with printed publications and bank cards. Holmrook has previously lost several disputes related to the use of foreign trademarks in domain names, including those involving Swiss watch makers Longines and Tissot. Alibaba Group remains on track to become the second largest internet company in the world, after Google, with the announcement of an initial public offering on the United States stock exchange expected to reach approximately $200 in market capitalization.