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Exide Technologies Receives Important Trademark Ruling


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Exide Technologies Receives Important Trademark Ruling

Exide Technologies, a global leader in stored electrical-energy solutions, has received a favorable ruling in its lawsuit with EnerSys, a manufacturer of industrial batteries.

The United States Bankruptcy Court for the District of Delaware approved Exide's request to terminate specific agreements with EnerSys, including a trademark license which gave EnerSys the rights to use the Exide(R) trademark for motive and network power batteries in certain countries, including the United States. Under this ruling, which EnerSys has the right to appeal, Exide will reclaim the right to fully utilize its Exide(R) brand across all product lines - throughout most of the world - after the expiration of a court-ordered transition period.

"This week's court ruling is an important milestone for Exide," said Gordon A. Ulsh, President and Chief Executive Officer of Exide Technologies. "The reclamation of the p
 

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Daily Terms

Trade Secret

Definition:
A trade secret includes proprietary knowledge and other confidential information that companies keep secret to give them an advantage over their competitors.

Contributory Infringement

Definition:
Indirect infringement of intellectual property rights in which one person contributes to the direct act of infringement of another.

Canceled

Definition:
Trademark registration is no longer viable. It may be due to the registrant's failure to file the required continued use affidavit under Section 8 of the Trademark Act,

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