Stolichnaya vodka was produced and sold by the Union S for half a century. It was licensed and trademarked in the U.S. by VVO-SPI, an enterprise named S. VVO-SPI that came under the authority of SPI after the insolvency of the Union S. However, Russian court claimed that VVO-SPI was not privatized legally under its law, therefore, the authority and possession were held by the beneficiary of Union S, the Russian Federation. Further, the Federation assigned the mark to FTE, a federal enterprise. To this, FTE alleged against SPI for violation and manipulation of the trademark in U.S. federal district court. To find: The validity of assigning the trademark to FTE.

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Preparation Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship, or responsible business) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a self-regulatory mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and national or international norms. With some models, a firm's implementation of CSR goes beyond compliance and engages in "actions that appeár to further some social good, beyond the interests of the firm and that which is required by law." The aim is to increase long- term profits and shareholder trust through positive public relations and high ethical standards to reduce business and legal risk by taking responsibility for corporate actions. CSR strategies encourage the company to make a positive impact on the environment and stakeholders including consumers, employees, investors, communities, and others. Every year,…

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Chapter 11, Problem 8BCP

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Case summary: Stolichnaya vodka was produced and sold by the Union S for half a century. It was licensed and trademarked in the U.S. by VVO-SPI, an enterprise named S. VVO-SPI that came under the authority of SPI after the insolvency of the Union S. However, Russian court claimed that VVO-SPI was not privatized legally under its law, therefore, the authority and possession were held by the beneficiary of Union S, the Russian Federation. Further, the Federation assigned the mark to FTE, a federal enterprise. To this, FTE alleged against SPI for violation and manipulation of the trademark in U.S. federal district court.

To find: The validity of assigning the trademark to FTE.

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