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Simple English definitions for legal terms

automatic-assignment doctrine

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A quick definition of automatic-assignment doctrine:

The automatic-assignment doctrine is a rule in trademarks that says when a whole business is sold, any common-law marks used in that business are automatically transferred to the buyer without needing a written agreement. However, if the mark is registered under the Lanham Act or some state registration schemes, a written agreement is needed to transfer the ownership of the mark.

A more thorough explanation:

The automatic-assignment doctrine is a rule in trademark law that states that when an entire business is sold, any common-law trademarks used in that business are automatically transferred to the purchaser without the need for a written assignment, unless there is evidence to the contrary.

For example, if a company sells its entire business to another company, the trademarks associated with that business, such as the company name or logo, would be automatically transferred to the purchasing company.

However, if the trademarks are registered under the Lanham Act or some state registration schemes, a written assignment is required to transfer an interest in a registered mark or in a pending application to register a mark. This means that if a company has a registered trademark, such as the Nike swoosh, a written assignment would be required to transfer ownership of that trademark to another company.

The automatic-assignment doctrine simplifies the process of transferring ownership of trademarks when a business is sold, as it eliminates the need for a separate agreement to transfer ownership of each trademark.

automatic-adjustment clause | automatic disclosure

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babycat
16:37
I'm guessing you don't have a sibling named babycat but I hope I still make you marginally happier than normal despite this
JumpySubsequentDolphin
16:38
maybe he has a babycat
babycat
16:38
I think everyone should have a babycat
JumpySubsequentDolphin
16:39
im allergic to baby cats >:(
JumpySubsequentDolphin
16:40
I used to have a babycat, I only got allergies after he died
JumpySubsequentDolphin
16:40
I think he’s haunting me
babycat
16:40
:(
babycat
16:40
that's too bad
babycat
16:40
you still have me though <3
@babycat: you make my day marginally happier with your scathing wit
16:43
New Father John Misty album out today
16:44
People saying it’s his best yet by far
babycat
16:45
what would I do without you renard99
awww ty wasp :)
i have 4 (baby) cats!
16:46
Damn you know her sarcasm is meant to be scathing when she calls me by my full username and not just Renard
JumpySubsequentDolphin
16:47
@jackfrost11770: FOUR?!??
16:48
I’m only teasing Babycat ily I’ll be seeing you in [REDACTED] very very soon
YES
and they're all rescues from breeders so they're all long haired persians .... w flat faces ....
they're all runts cause breeders just ... dispose of them (:(((() so they're all super tiny
literal babies
babycat
16:49
ily2 renard99
initiallaw
16:49
omg so cute
JumpySubsequentDolphin
16:51
@jackfrost11770: IM SO JEALOUS
2big2fail
16:52
perhaps peggerdine this evening
2big2fail
16:52
but then again, perhaps not
JumpySubsequentDolphin
16:53
damn no ucla wave
16:56
Hey guys! chance me 340/340GRE- 2 years work experience at PIL and wrote compelling statements. but my masters gpa is kinda 3.1 because I was domestically abused. :p
babycat
16:59
schools mostly care about your undergrad GPA
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