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Fundr: limited claim trade name right

Fundr: limited claim trade name right

Many companies assume that the use of a trading name or a domain name is sufficient to make a broad claim on the exclusive right to that name. These assumptions can prove painfully wrong. Since 2016, a company named Funding Innovation (later “Funder Inc.”) has been using the name FUNDR as a trade name and domain name. The company provides consulting services in the field of corporate funding and government grants.

To protect its name & goodwill, it later files a trademark for the name, but not for the logo. There is a risk in this, and this comes true when the trademark register refuses registration of the word mark, because this is seen as too descriptive.

That same year, Rabobank launches an online credit application service called FUNDR. The bank files the logo as a trademark immediately. When Funding Innovation opposes this application on the basis of its trade name, its opposition is rejected. Rabobank offers its services under the name Rabobank (therefore there is no trade name infringement).

Rabobank uses the name FUNDR as a service mark. A descriptive trade name provides very limited protection. Both the services and the way in which Rabobank reaches out to its public are different.

Result: the claims is rejected. At the end of the day, if Funding Innovation immediately would have applied for the combined logo as a trademark and not just the word mark, this case could have ended completely differently.

About Abcor

Abcor specializes in applying for trademark and design rights. We do this worldwide for both SMEs and international companies, but often everything starts with an initial Benelux application. Our aim is to relieve the client of all the worries, which is why we take care of all the steps, from initial advice on what to apply for and how, right through to registration.

In addition to applying for trademarks, we also manage portfolios for our clients. We ensure that trademarks are renewed on time, that the right organizations are paid (given the many fraudulent companies), and we support our clients on issues.

In addition, we are sparring partners for our customers on new products and how to shape and claim new ideas.

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Newsletter: Abcor ABC Magazine

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Among others in this issue:
• EUIPO vs Mora TV: weigering geluidsmerk
• Jägermeister vs Alte Heiler: stop Russische copycat
• Stichting Nederlandse Top 40: gericht op Benelux?
• Tijdschrift HART vs Hermitage: soortgelijkheid
• Monique Granneman: nieuwe partner Abcor

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