Latest News
Mecard’s Complete Victory Over Spin Master’s Bakugan Patent in China
The toy brand Mecard — which is developed with proprietary technology owned by Korean toy company Choirock Contents Factory Co., Ltd. — won a patent infringement lawsuit brought by global toy company Spin Master Ltd. in China.
In 2016, Spin Master filed a patent infringement lawsuit against Mecard in the Guangzhou Intellectual Property Court in China, alleging that Mecard infringed a patent related to Spin Master’s Bakugan toy. In the trial, the Court ruled that Mecard toys do not infringe Spin Master’s Bakugan patent and accordingly dismissed Spin Master’s patent infringement lawsuit. Spin Master appealed, but the Court affirmed the trial decision, making the decision final and not appealable. With no more appeals remaining, and after litigating for nearly three years in China, Mecard has finally won a complete victory with respect to Spin Master’s Bakugan patent. Spin Master’s litigation campaign against Mecard in China has now come to an end.
“Choirock owns patents related to the world’s first mechanism for transforming a toy by lifting up a card, the bottom surface of which is exposed after transformation,” stated a representative of Choirock, the South Korean company that owns the Mecard intellectual property and patents. “Mecard is the best-selling toy brand in Korea. Choirock has exerted every effort to protect our innovative transforming mechanism around the world and will continue to strengthen our intellectual property. Choirock expects our competitors to respect our intellectual property and will take strong measures against any infringer of Choirock’s intellectual property.”
SOURCE Choirock Contents Factory Co., Ltd.
Blockchain
LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape
Blockchain
Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws
bybit lucky
Blockchain
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain5 days ago
Bridging Innovation and Regulation: How Yellow Network is Transforming Non-Custodial Trading in a Pro-Crypto Future
-
Blockchain6 days ago
Prosper Adds 7,000 More ASIC Miners from BITMAIN To Drive Tokenization of Hashrate as Multichain RWA ; Targets 170MW Capacity With New Strategic Round
-
Blockchain Press Releases6 days ago
HTX Ventures Identifies Five Rapidly-Growing Sectors in 2024, Expects Positive Crypto Regulations Driven by Trump Next Year
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain (Reserve Bank of India (RBI), Aethir, Blockchain Center Abu Dhabi, Qubetics, )
-
Blockchain3 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain6 days ago
Loan Brokers Market Opportunities and Strategies Report to 2033 – Loan Brokers Market Poised for Strong Growth, Forecasted to Reach $947.9 Billion by 2033
-
Blockchain5 days ago
Building Bridges in Crypto: Bybit Sparked Dialogues and Joined Industry Leaders at Bitcoin MENA
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)