Giving New Meaning to the Assignment-In-Gross Rule for Trademarks
Posted October 23rd, 2008 by Lars S. Smith
Asset forfeiture related to criminal activity is not new, but taking a trademark may be novel. The Justice Department is asking a court to transfer rights in the Mongols biker gang trademark to the government. Unfortunately for the U.S. Government, assigning a trademark requires transfer of the associated good will. Is the U.S. government seeking to acquire the "good will" of providing biker gang servies?