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Sportswear companies save on IP lawsuits
Posted On: 07-09-2009 00:00:00 09

The number of lawsuits for intellectual property infringements by companies such as Nike, Adidas, Puma and Reebok has gone down by 50% in the last 6-8 months, according to top law firms. Till last year, random cases were filed against companies even remotely trying to copy sportswear labels — for instance, Nike was being written as ‘Nikee’ by a UP-based manufacturer of Tshirts. But now, companies are cutting down on their legal fees by opting for out of court settlements since the Indian judiciary takes a long time to wrap up a case.

 
 
 

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