October 22, 2018 / 11:57 PM / 8 months ago

Alibaba wins order blocking cryptocurrency firm from using similar name

Chinese ecommerce giant Alibaba Group Holdings Ltd has won a U.S. court order barring Dubai-based cryptocurrency firm Alibabacoin Foundation from using the Alibaba name.

U.S. District Judge Paul Oetken in Manhattan federal court on Monday issued a preliminary injunction against Alibabacoin, rejecting its argument that he lacked jurisdiction. He said Alibaba had produced evidence that at least one Alibabacoin investor was a New York resident.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2S8dOJ7

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below