Toronto intellectual property and charity/not-for-profit lawyer Taras Kulish says that negotiating a charitable donation as part of a settlement in an intellectual property dispute can create a win-win situation for both parties involved.
Kulish, in a recent presentation to the Ismaili Food Services Alliance held at The Ismaili Centre, Toronto, shared with the crowd a novel way of increasing goodwill in an IP dispute.
He detailed a Federal Court trademark case he was counsel on where, as part of the settlement discussions, he requested the other side include a donation to his client’s charity of choice.
“My client, being part of a cultural religious community, felt it was very important to give back to the community,” says Kulish, a lawyer with Steinberg Title Hope & Israel LLP. “What they would have done typically, once they got their settlement, is they would have given a portion of the settlement to cultural institutions in their community — in this case to the Aga Khan Museum or to The Ismaili Centre.”
More at the Source: A charitable donation as part of a settlement creates goodwill
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