ALG’s Pranay Bali is recognised as Rising Star for the consecutive 2nd year along with Sunidhi Bansal as a part of Managing IP’s IP STARS 2023 edition.

The full list leading up-and-coming intellectual property practitioners in private practice across the globe is available here.

International Trademark Association (INTA) has appointed seven ALG attorneys to serve on INTA Committees for the upcoming 2024-25 term. Considered as one of the INTA’s most important asset, Committees advise on policy positions, create resources and communicate on key issues in relation to intellectual property – benefiting industry stakeholders and society.

A ‘Legal Issues Seminar- General IP’ (LIS-GIP) was conducted by Anurathna Mathivanan, Associate, on “Can a Registered Trademark be presumed as invalid at the Interlocutory Stage of a Suit during pendency of Rectification Proceedings?”. The seminar explored the relevant provisions of the Trade Marks Act, 1999, which gives powers to the Court to pass an interlocutory order when the validity of the registration of mark is in question. The session delved into the various judicial decisions that have previously considered passing interlocutory order restraining use of a registered mark where there has been no final determination on the validity of the registration. The seminar focused on decisions where Courts have considered the threshold of determination for a ‘prima facie tenability’ of a challenge to validity of registration, and whether the court can, on a prima facie determination of material on record, pass an interlocutory order assuming that the invalidity of the registered mark. The session concluded with a discussion into the scope of determination of ‘prima facie tenability’ of a challenge to validity of a registered trademark.

The presentation can be accessed here.

Law firm leaders, join INTA’s webinar on Thursday on how to attract and maintain law firm talent through innovative compensation models. Panelists include ALG’s Managing Partner Sheja Ehtesham, Nadine Jacobson and Peter Johnson, and will be moderated by Kate O’Rourke. The webinar will address how firms can improve compensation models to become more equitable and incentivizing, while aligning with their core values and managing profitability.

For more information visit https://lnkd.in/daJR3bAM

During last week’s PWS Session, Vaidehi Gupta (Trainee Associate) led a discussion on the topic “Would a formal IP valuation system fillip IP financing for MSMEs and startups?”. The session commenced with a discussion on the current condition and prevalence of IP valuation in India for MSMEs and startups. The members deliberated on its relative rarity, its potential reasons, and how the situation may be improved by incorporating learnings from IP financing models/schemes in other jurisdictions. The discussion then proceeded to how the establishment of an IP valuation system may increase the prevalence of IP financing in India, by increasing awareness of IP valuation and providing a regulatory framework. The members deliberated upon the practical challenges of implementing a workable IP valuation system, particularly the volatile nature of the market value of IP, the difficulty of valuing intangible assets, and the incongruity in applying established models of valuation to IP. The session concluded with a general agreement that prescribing a fixed system of IP valuation is likely to be counterproductive due to its inflexibility. The members agreed that it would be desirable to frame a voluntary scheme for IP valuation, prescribing non-binding valuation guidelines and establishing a body of professionals specially trained to undertake IP valuation.