Recent Blog Posts
-
When Call-Center Scripts Go Bad
May 25 20128:38 am EDT -
Zynga on the Defense
May 24 20123:02 pm EDT -
Facebook Fallout Includes PR Fail
May 24 20129:25 am EDT -
Space Drama to Be Continued
May 21 20129:42 am EDT -
What Made Groupon Go Pop?
May 18 20129:34 am EDT -
Study Finds Millennials are Underbanked
May 17 201212:35 pm EDT -
Mad Men Not Impressed With Facebook IPO
May 17 201210:13 am EDT -
Pricing Experiment in Progress
May 16 201211:02 am EDT -
Did I Tweet That Out Loud?
May 15 20129:44 am EDT -
Revenge of the Liberal Arts Major
May 14 20122:58 pm EDT
This Stoli's for ... Me
After warming up on small-game targets like the oil and gas industries, the Kremlin has its sights set on a truly key national asset: Stolichnaya vodka.
And just as Russian oligarch Mikhail Khodorkovsky was famously mowed down in Putin's pursuit of Yukos, it looks like the fight to make Stoli's overseas trademarks state-controlled will have a citizen victim of its own.
A Moscow court has issued a warrant for the arrest of Yury Shefler, head of SPI Group, the current holders of Stoli's international trademarks.
The state-owned company Soyuzplodoimport (try saying that five times drunk) already controls Stoli trademarks within Russia. It took those away from SPI in 2002.
Now lawyers for ... er ... the company ... claim that when Shefler bought the rights back in the '90s, he forged and destroyed documents in order to get the brand for a fraction of its market value, according to the Associated Press reports.
Furthermore, that the seller had no right to sell the rights anyway, as they had been "wrongly privatized" to begin with.
But simple trademark violations weren't juicy enough on their own. Government prosecutors have successfully opened a criminal investigation of Shefler, focused on not only intellectual property grievances but also on whether he had threatened the life of Soyuzplodoimport general director Vladimir Loginov.
If Loginov has his way, overseas trademarks will be put into government hands before you can say "polonium." After all, Stoli's latest ad campaign focuses on the "authentically Russian" pedigree of the vodka. What's more Russian than state control?
by Liz Gunnison
Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.





