Michael L. Feinstein, P.A. issued the following announcement on.
Businesses can often face threats to their reputation and operations when another company infringes on trademarks or other intellectual property. As a result, business litigation may take place if a company believes that another has caused damage due to such violations. In many cases, this type of action is necessary to protect businesses.
Florida residents may be interested in a lawsuit between the major out-of-state event Comic-Con and another convention now known as FanX. The original lawsuit was filed in 2014 after representatives for Comic-Con claimed that the founders of FanX had violated their trademark by having the phrase "comic con" in their original name. The change to FanX came after a ruling last year that went in Comic-Con's favor, indicating that infringement had taken place.
However, a more recent order stated that the founders of FanX are required to pay nearly $4 million to Comic-Con for attorneys fees. It also states that the FanX convention cannot use the phrase "comic con" in relation to their event, even to reference its previous name or its old website. Representatives for FanX have stated that they are considering an appeal as, they do not believe that the $4 million payout will be upheld since the original case only resulted in Comic-Con receiving $20,000 in damages.
Industries often hinge on competition, and trademark infringement can easily cause problems for businesses. If Florida companies believe that they have been the victims of such violations, they may want to consider their legal options for seeking compensation. Business litigation may be a viable route for pursuing justice.
Original source can be found here.