The Russians intend continue the lawsuit

Published: 25 May 1999 y., Tuesday
American federal circuit court in Wilmington (Delaware) turned down without consideration the suit filed by Russian Smirnov vodka producers against the owners of Pierre Smirnoff. However, according to reliable sources, the Russians intend continue the lawsuit and already decided to appeal against the court_s decision. According to the law they can file an appeal within 30 days. The main goal of the suit was to prohibit British transnational corporation Diageo and its American branch Heublein from using the brands, awards and regalia of the primordial Russian vodka named after its creator, Piotr Arsenievich Smirnoff. Descendants of the famous businessman, who opened their own trading house in Russia, demanded that the defendants should pay a fee and compensation of 2% from gross sales volume since 1939. According to their calculations total amount of these payments should equal $1.3 billion. In addition to this, they demanded another $125 million for an advertising campaign that would explain who really owns the famous brand. Consideration of the appeal may take 10-12 months. Lawyers from the Russian side believe that their chances are minimum 50/50. If again Heublein wins, theoretically an opportunity to appeal to the US Supreme Court remains. If the original court decision is upheld, this would mean for the "Trading house of the descendants of His Majesty Court supplier P.A. Smirnov" that their product would have no access to the American market - at least in its present form.
Šaltinis: Independent Media
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Taxation: Removing cross-border tax obstacles for EU citizens

Today, the Commission published a Communication which outlines the most serious tax problems that EU citizens face in cross-border situations and announces plans for solutions. more »

State aid: Commission opens in-depth investigation into Hungarian support measures for national airline Malév

The European Commission has opened a formal investigation under EU state aid rules to examine a number of support measures, including several capital injections and shareholder loans, that the Hungarian authorities granted to Malév-Hungarian Airlines in the context of its privatisation and subsequent renationalisation. more »

Fake Chinese products spread

Internet and lax customs enforcement drive growth of 600 billion US dollar counterfeit goods industry. more »

Report: millions escape poverty

350 million people rose out of poverty in the past decade, but 1.4 billion are still extremely poor, says the latest report into rural poverty. more »

Getting more people into better jobs

New plan sets out action to reach 75% employment target for the EU by 2020. more »

Innovation Union: three new European research infrastructures on wind, solar and nuclear energy announced

Research Ministers of the EU Member States and Associated Countries, together with the European Commission, are announcing in Brussels today three new pan–European energy research infrastructures. more »

Commissioner Šemeta visits Moscow to strengthen EU-Russia customs cooperation

Algirdas Šemeta, Commissioner for Taxation, Customs, Audit and Anti-fraud, is visiting Moscow today to discuss ways in which customs cooperation between the EU and Russia can be reinforced. more »

ECB must go on participating actively in tackling the economic crisis

Following on from Monday's debate with ECB President Jean-Claude Trichet, MEPs on Tuesday adopted a resolution, by a show of hands, gauging the ECB's performance in 2009 and suggesting actions to be taken in view of the economic situation. more »

Parliament approves aid to unemployed people in the Netherlands

The European Parliament today approved €10.5 million in European Globalisation Adjustment Fund aid to over 3,000 people in the Netherlands who lost their printing and publishing sector jobs last year, due to the economic crisis. more »

France unveils Taj Mahal gold coin

A diamond-studded gold coin engraved with a picture of the Taj Mahal and worth 100,000 euros is unveiled at the Paris mint. more »