Friday, August 10, 2007

Letter from SPTA Provides More Detail re Leo Stoller Asset Sale

Lance Johnson, Director of the Society for the Prevention of Trademark Abuse, LLC, has sent a letter to the TTABlog (pdf here) providing further details regarding the sale of Leo Stoller's trademark assets, reported yesterday at this blog. I reproduce, in pertinent part, the text of the letter below.



August 9, 2007
Dear John:

[Referring to the August 9 TTABlog posting] I wanted to add the following to help make the news complete.

As approved by the bankruptcy court, The Society will also be acquiring the following assets, "free and clear":

  • All trademark registrations and applications (including ITU's) owned by Central Mfg. Co. and all other proprietorships, including any business (or allegation thereof) that might support them,

  • All licenses granted to any third parties (The Society will become the owning successor),

  • All stock for each of Stoller's corporate entities and the associated control over the trademarks, claims, licenses, etc. that each of them might have,

  • All past and future, known and unknown claims to all unregistered trademark rights, infringement, damages, royalties,

  • All specimens of use, books, records, logs and other tangible evidence of use, rights, claims, or licenses for all acquired assets.

Exemplary marks in the portfolio include: STEALTH, SENTRA, TRILLIUM, DARK STAR, TERMINATOR, RENTAMARK, TRIANA, AIR FRAME, FIRE POWER, 24 KARAT, HAVOC, ANNIHILATOR and STRADIVARIUS.

Absent a judicial order to stay the closing, we will close on the sale August 20, 2007. The Society will then try to contact all of the affected companies and groups to arrange for an orderly resolution of any pending matters, outstanding licenses, etc. *** [R]eaders should feel free to contact me at LJohnson@Roylance.com or 202-530-7361 for expedited handling of their case.

This could not have happened without the help and support of many others. It is a testament to Stoller's pervasive reach that aid came from across the country, outside the country, and from some unforeseen sources. I want to thank each of them for helping to make this happen.

Lance Johnson, Director

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