World Trade Organization arbitrators have issued a ruling in the ongoing intellectual property dispute between the European Union and China. The new decision partially reverses an earlier WTO panel ruling that had dismissed the EU's claims that China violated WTO intellectual property rules. Details on the implications of this revised ruling are still forthcoming. Separately, a U.S. judge denied a shareholder's attempt to block Skechers' $9.4 billion acquisition by 3G Capital, finding no evidence of imminent or irreparable harm. This ruling removes a major hurdle for what would be the largest-ever buyout in the footwear industry, although related litigation continues.
World Trade Organization arbitrators on Monday reversed part of a previous panel decision that had rejected the European Union's claims that China had violated the global watchdog's rules on intellectual property. https://t.co/cu8hk1ooEs
New MPIA ruling partially reverses WTO decision in EU-China IP dispute https://t.co/MMk7LO2Rcz
A U.S. JUDGE DENIED A SHAREHOLDER’S BID TO BLOCK SKECHERS’ $9.4 BILLION ACQUISITION BY 3G CAPITAL, RULING THERE WAS NO PROOF OF IMMINENT OR IRREPARABLE HARM. || THE DECISION REMOVES A KEY OBSTACLE TO THE FOOTWEAR INDUSTRY’S LARGEST-EVER BUYOUT, DESPITE ONGOING LITIGATION OVER