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No trademark available for user of 'Net Bank'

INTELLECTUAL PROPERTY

Audience: Legal Professionals

In a declaratory judgment trademark action, a New Jersey federal judge ruled
that the term "net bank" is generic because it is the term most appropriate
to describe the service of online banking and, based on citations in many
publications, the public considers the term to refer to Internet banking
generally. Interstate Net Bank v. Netbank Inc., No. 01-1324 (D.N.J. Sept.
16).

FOR PLAINTIFF: Maureen C. Shay, Fox, Rothschild, O'Brien & Frankel,
Voorhees, N.J.; Carl Poplar, Poplar & Eastlack, Turnersville, N.J.

FOR DEFENSE: John Levy, Montgomery, McCracken, Walker & Rhoads, Cherry Hill,
N.J.; Elizabeth Ann Morgan, Powell, Goldstein, Frazer & Murphy, Atlanta

JUDGE: Jerome B. Simandle




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Amra the Freelancer
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