Oziel Law Blog

Oziel Law Completes Go-Public Transaction for Else Nutrition

by Allan Oziel on June 26, 2019 No comments

We’re proud to announce that Oziel Law acted on behalf of Else Nutrition in its go-public transaction. Else Nutrition is a Foodtech company based out of Israel that developed a 100% plant-based baby formula. Else Nutrition’s products bring the first real alternative to dairy and soy-based formula products. The go-public transaction was completed with a concurrent financing for $7.5 million dollars. The financing was oversubscribed, raising 25% above the original target. The Else Nutrition reverse take-over (RTO) was completed by Oziel Law’s Securities and Capital Markets team resulting in a listing on the TSX Venture Exchange.

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Allan OzielOziel Law Completes Go-Public Transaction for Else Nutrition

Canadian Trademark Developments and Trends – The 2018 IP Canada Report

by Allan Oziel on February 14, 2019 No comments

The Canadian Intellectual Property Office (CIPO) recently published its 2018 IP Canada Report summarizing trends in intellectual property usage both in Canada and by Canadians globally. Based on data gathered from CIPO and from the World Intellectual Property Organization (WIPO), the report discusses statistics relating to patents, trademarks, and industrial designs.

Some of the report’s central findings and key predictions for trademarks are summarized below:

  • Trademark activity is growing

Trademark applications in Canada have grown steadily over the past ten years, such that 29% more applications were filed in 2017 compared to 2008. In 2017, CIPO received 58,913 trademark applications, of which 56% were from non-residents. Canada is the first country of origin for trademarks filed with CIPO, representing 44% of the total applications received in 2017, followed by the United States (29%), China (4%), United Kingdom (3%) and Germany (3%).

  • Top international destinations for Canadian applicants

The United States is the top foreign destination for trademark applications by Canadians, with 7,889 filings in 2016. China and the European Union Intellectual Property Office (EUIPO) are also significant destinations for Canadian applicants, representing 17% and 7% of the share of all Canadian international trademark applications, respectively.

  • Implementation of the Madrid Protocol

With the implementation of the Madrid Protocol in June 2019, applicants will be able to apply for trademarks in multiple jurisdictions with a single application via the Madrid system. The report predicts that, in 8-10 years, 25% of all filings abroad by Canadians will use the Madrid system. Nonetheless, a higher market diversification is not expected as initial studies suggest that Canadian applicants will seek protection in four countries, on average.

The report shows that Canada continues to grow both as a filing destination and as a country of origin for trademarks. This growth reflects the need for business to protect their brand identities in the global marketplace.

Written by Thassiane Gossler and Allan Oziel

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Allan OzielCanadian Trademark Developments and Trends – The 2018 IP Canada Report

Government of Canada Publishes New Trademark Regulations

by Allan Oziel on November 26, 2018 No comments

On November 14, 2018, the Government of Canada published the new Trademarks Regulations (Regulations) that will enable Canada’s accession to three international trademark treaties administered by the World Intellectual Property Office (WIPO): the Singapore Treaty, the Madrid Protocol, and the Nice Agreement. The new Regulations will support the amendments that were made to the Trade-marks Act (Act) in 2014.

In addition to harmonizing Canada’s trademark regime with international norms, the new Regulations, which will come into force on June 17, 2019, are also expected to simplify the regulatory framework and reduce the administrative burden on applicants.

Notable changes in Canadian trademark practice include the following:

  • Implementation of Madrid Protocol: Applicants will be able to apply for trademark protection in multiple countries through a single application.
  • Removal of use as a requirement for registration: Under the current Act, applications must be based on a) use or proposed use of the trademark in Canada, b) the trademark having been used abroad and made known in Canada, or c) use and application/registration of the trademark abroad. In any case, no registration can be issued until the applicant declares the use of the trademark in Canada. With the amendments to the Act, the “use” requirement will be removed. Applications will no longer need to specify a date of first use, and the filing of a declaration of use will not be required to proceed to registration.
  • Harmonized goods and services classification system: Goods and/or services will have to be appropriately grouped according to the classes of the Nice Classification, which provides a consistent system across all member countries.
  • New Application Fee Structure: The application fee will only include the first class of goods or services. Applicants will have to pay additional fees for each added class of goods or services.
  • Reduction of the Term of Registration: Under the current Act, registered trademarks are subject to renewal every 15 years. Under the new Regulations, trademark registrations issued after June 2019 will be granted a term of 10 years.
  • More Flexibility to Amend Applications: The new Regulations offer greater flexibility in correcting errors prior to the registration of the trademark.

The new Regulations also provide a number of transitional provisions for applications submitted and trademarks registered before June 17, 2019. If you have any concerns or questions, please contact our team here.

Written by Allan Oziel and Thassiane Gossler

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Allan OzielGovernment of Canada Publishes New Trademark Regulations

Oziel Law is Proud to Welcome Debora Pinkus

by Allan Oziel on November 1, 2018 No comments

Oziel Law is proud to welcome its newest associate, Debora Pinkus. Debora’s practice will focus on advising startups and emerging businesses on business law matters, technology contracting and commercial transactions.

To learn more about Debora or to contact her, please click here.

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Allan OzielOziel Law is Proud to Welcome Debora Pinkus

A-Labs Capital I Corp Completes Initial Public Offering

by Allan Oziel on November 1, 2018 No comments

 

We are proud to announce the completion of the initial public offering filed by our client A-Labs Capital I Corp.

A-Labs Capital I Corp. is a capital pool company (CPC). The funds raised during the IPO will be used to pursue a qualifying transaction.

To read the official press release, click here.

 

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Allan OzielA-Labs Capital I Corp Completes Initial Public Offering

How Governments Are Reacting to ICOs

by Dunny Medina on December 3, 2017 No comments

This article originally appeared on Coindesk.

There are certain seismic disruptions to the natural order that force governments around the world to pay attention and react quicker than the tools of governance ordinarily allow.

Epidemics, terrorism, nuclear energy, world war and now…blockchain technology. Specifically, initial coin offerings (ICOs) are making governments itchy.

If you are trying to keep up, you will be very busy and very confused. Each week seems to bring another pronouncement from yet another country. Big or small, everyone has something to say. We’ve heard from behind the veiled curtain of mega-states like Russia and China, and we’ve heard from the neighborly nations like Canada and the Isle of Man.

The message is far from clear. While many nations can stand united on challenges like melting ice caps, they’re a bit more baffled with crypto.

Click here to read the full article on Coindesk.

Featured Image used via Shutterstock

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Dunny MedinaHow Governments Are Reacting to ICOs