Monday, 1 March 2010

Fama de America expropriated

IP Tango has received from Richard N. Brown (De Sola Pate & Brown, Abogados) this newspaper report (from El Nacional, 24 February 2010) that the Venezuelan Government has expropriated the 120-year-old Venezuelan coffee roasting company Fama de America. According to Richard, all the company's property, including the trade mark Fama de America, has been expropriated. It appears that the government plans to export coffee under the expropriated brand.

Says Richard, "Venezuela’s government has expropriated many companies but this is the first case of expropriation for a trade mark".

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