This marks the start of another long and drawn out court battle between Pernod Ricard and Bacardi over the trademark here in the U.S.. “We are filing this
Freedom of Information Act request because the American people have the right
to know the truth of how and why this unprecedented, sudden and silent action
was taken by the United States government to reverse long-standing U.S. and
international public policy and law that protects against the recognition or
acceptance of confiscations of foreign governments,” said Eduardo Sánchez,
Bacardi’s senior vice president and general counsel.
Read More at http://www.miamiherald.com/news/business/international-business/article57948323.html#storylink=cpy
The good news to this is there is very likely to be quite a bit of time for all of these proceedings to be concluded before the United States Congress gets around to lifting the embargo. This is still somewhat of "hot potato" in this presidential election year. I'd be willing to say that it will not come to be until the elections are over in November.
No comments:
Post a Comment