Legal updates and opinions
Post Author
News / News
Olympic games: exclusivity and revenue
By: Donvay Wegierski, Director
The protection of the Olympic Symbol, and its torch, flag and anthem is extremely important. According to the Nairobi Treaty on the Protection of the Olympic Symbol, which is an international treaty managed by the World Intellectual Property Office (WIPO) –
“any state that is a member of this treaty is obliged to refuse or to invalidate the registration as mark and to prohibit by appropriate measures the use, as a mark or sign, for commercial purposes of any sign consisting of or containing the Olympic symbol”.
The Olympics generates revenue through trade mark licensing, one of the key benefits of trade mark registration. The recent Winter Olympics in South Korea was an international spectacle with sponsorship and broadcasting rights no doubt the main source of revenue, funding the Games and contributing to sports development worldwide.
Latest News
A bank’s choice of forum – what does the law say?
Setting the Scene It is common practice for consumers to take up mortgages and purchase motor vehicles on credit from [...]
Draft standards on address data published for public comment
Draft standards on address data 1. The Protection of Personal Information Act 4 of 2013 ("POPIA") has a wide application [...]
Treasury modifies the interest limitation proposals
Proposed interest limitation rules In 2019 Treasury released a discussion document dealing with the proposed interest limitation rules that would [...]
Business rescue and employee rights
What happens to employees when their employer is placed into business rescue? What happens to employees when their employer is [...]
Basics of Business Rescue
What is business rescue? Business rescue proceedings are proceedings aimed to facilitate the rehabilitation of a company that is financially [...]
The cost of speaking ill of the Competition Commission
Proceedings before the Competition Commission Litigation is, by its very nature, adversarial and in consequence, litigants are sometimes prone to [...]
