Zamfirescu Racoti & Partners Wins Back Realitatea Media Brands for Win Win Business & Lobby Company Limited
Bucharest, May 21, 2013: Zamfirescu Racoti & Partners (ZRP) has won back the right of ownership of Realitatea Media brands for client Win Win Business & Lobby Company Limited.
By its civil decision of May 20, 2013, Bucharest Court of Appeal, Civil Section VI, allowed the appeal filed by appellants Win Win Business & Lobby Company Limited and E-Boutique Kft. and irrevocably cancelled the action taken by the official receiver of Realitatea Media that declared null both the adjudication auction, and the agreement of sale-purchase of a number of 126 registered trademarks and 9 unregistered trademarks. Consequently, Win Win Business & Lobby Company Limited gained back the right of ownership of the trademarks that were the subject matter of the assignment agreement concluded with Realitatea Media on April 18, 2012.
As a result of the license agreement concluded between Win Win Business & Lobby Company Limited and Realitatea Media S.A on April 18, 2012, simultaneously with the trademark assignment agreement, the 126 registered trademarks and 9 trademarks pending registration, the property of Win Win Business & Lobby Company Limited, may be used by Realitatea Media S.A., with the corresponding payment of a monthly royalty negotiated by the parties by the license agreement.
“The solution ruled by Bucharest Court of Appeal ends a series of irregularities committed to the detriment of our client and confers Realitatea Media legitimacy in further using the trademarks that are the property of Win Win Business & Lobby Company Limited”,Calin-Andrei Zamfirescu, ZRP Senior Partner, declared.
The ZRP team of attorneys at law in this case file was formed of:
Attorney at Law Calin-Andrei Zamfirescu – Senior Partner and Project Coordinator
Attorney at Law Nicoleta Boboc – Senior Associate
Attorney at Law Ovidiu Serban – Senior Associate