corporate veil
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Removing the Veil
We’re all familiar with the concept of “piercing the corporate veil.” As a general rule, the owner of a legal entity, like the parent of a subsidiary, or the shareholder of a company, is legally insulated from the wrongdoing of the owned company. In some cases though, where the owner and the company haven’t done… Continue reading
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The Questionable Benefit of Not Keeping Your Corporations Straight
One of the most difficult ownership questions is who owns intangible assets created by a person who is the sole shareholder of a legal entity. There isn’t any receipt, or a check written against the corporate account, as evidence of ownership. Trademarks can be the most difficult because people don’t tend to think of them… Continue reading
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An Embarassment of Ownership Issues
Opposed mark TTAB decision Restifo v. Power Beverages, LLC has, count ’em, seven different trademark ownership theories discussed in it. My kind of case. In 2006 opposer Restifo and trademark applicant Kidd first discussed a business arrangement for making YING YANG VODKA. Kidd described his method of doing business this way: [a]s an alcohol beverage,… Continue reading
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