Written by Jan Buza
Co-founder of Trama
Amicable resolution is when both parties reach a mutually satisfactory agreement without resorting to legal action or litigation. An amicable resolution typically involves negotiations between the parties, possibly with the assistance of an attorney. Although the communication is supposed to be friendly in nature, a resolution will include a compromise from one or both parties. The resolution is finalized by preparing a signing a document called settlement.
Amicable resolution is the most recommended method of settling trademark disputes, and in certain jurisdictions, the opposition process involves a "cooling off period" during which the IP office asks both parties to try to resolve the issue peacefully. Amicable settlements usually offer a cheaper and quicker resolution of conflicts.
Does widening or narrowing down the classes of goods and services affect the chance of a success?
What is the price of an additional trademark class in the US?
I've just filed my trademark application; does this mean my trademark is registered?
Can anyone use the Madrid System to register a trademark internationally?
How many and which countries does a worldwide trademark cover?
Do I need to get a trademark in China if I export my products from there?
What's the difference between a trademark, a patent and a copyright?
Is it wise to start selling products while the trademark registration has not been completed yet?
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