1. Bata assigns ‘Sparx’ mark to rival Relaxo

Bata assigns ‘Sparx’ mark to rival Relaxo

Multinational footwear major Bata has amicably settled the much-protracted litigation with Relaxo Footwear in respect of trademark Sparx, out of court.

By: | Chennai | Published: August 2, 2015 12:12 AM

Multinational footwear major Bata has amicably settled the much-protracted litigation with Relaxo Footwear in respect of trademark Sparx, out of court. Bata has executed a deed of settlement with Relaxo for assignment of trademark Sparx in favour of Relaxo. Both the companies have agreed to file necessary consent terms before the Delhi High Court in due course, for withdrawal and settlement of all pending litigations filed by and against Relaxo and Bata.

The benefit on account of this assignment of trademark along with saving in cost of litigations has been considered to be materially beneficial to the company, Bata said.

While Relaxo has the ownership of trademark ‘Spark’, Bata was the registered proprietor of mark ‘Sparx’ and the deceptive similarity was the thorn of contention.

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