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LIV Golf Settles $100 Million Trademark Lawsuit for $1 Million Amid Financial Struggles
PatentsGlobal

LIV Golf Settles $100 Million Trademark Lawsuit for $1 Million Amid Financial Struggles

Ohio-based Stinger Golf resolves trademark infringement suit against LIV Golf with a $1 million settlement, reflecting concerns over LIV’s financial viability

LIV Golf agreed to pay $1 million to settle a $100 million trademark infringement lawsuit filed by Stinger Golf. The settlement, finalized in July 2026 in the U.S. District Court for the Southern District of Florida, underscores LIV Golf’s mounting financial difficulties as Saudi Arabia’s Public Investment Fund plans…

Thursday, July 23, 2026
IIPLA News Desk
Kuraray Reports Court Ruling on Intellectual Property Infringement Case in China
PatentsGlobal

Kuraray Reports Court Ruling on Intellectual Property Infringement Case in China

Kuraray Co. Ltd. announces outcome of IP infringement lawsuit initiated by its group company in Chinese jurisdiction

Kuraray Co. Ltd. has disclosed the judgment in an intellectual property infringement lawsuit filed by one of its group companies in China. The announcement, made on July 23, 2026, provides key details on the legal proceedings and the court's decision, underscoring Kuraray's commitment to protecting its IP rights in in…

Thursday, July 23, 2026
IIPLA News Desk
Treasury Secretary Bessent Warns Chinese AI Firms of Sanctions Over Intellectual Property Theft Amid Open-Source AI Debate
PatentsGlobal

Treasury Secretary Bessent Warns Chinese AI Firms of Sanctions Over Intellectual Property Theft Amid Open-Source AI Debate

Scott Bessent emphasizes that open-source AI does not permit exploitation of American IP, signaling potential sanctions for Chinese companies engaging in large-scale IP theft

U.S. Treasury Secretary Scott Bessent cautioned Chinese artificial intelligence companies against using industrial-scale distillation attacks that infringe on American intellectual property, warning of possible sanctions and Entity List designations. While supporting open-source AI innovation, Bessent clarified that i…

Thursday, July 23, 2026
IIPLA News Desk
KIPO Collaborates with SK Group to Enhance Patent Expertise in Strategic Technologies
PatentsGlobal

KIPO Collaborates with SK Group to Enhance Patent Expertise in Strategic Technologies

The Korean Intellectual Property Office and SK Group convene MOIP Tech Concert to align patent examination with cutting-edge innovations in memory, cooling, and battery technologi…

The Korean Intellectual Property Office (KIPO) has partnered with SK Group to host the MOIP Tech Concert, focusing on emerging technologies critical to South Korea's national innovation agenda. The event facilitates direct dialogue between SK researchers and patent examiners on high-bandwidth memory, next-generation t…

Thursday, July 23, 2026
IIPLA News Desk