Apply: Securities And International Regulatory Agencies

Securities and International Regulatory Agencies

[Name of the Writer]

[Name of the Institution]

Securities and International Regulatory Agencies

February 18, 2019

German Farm Equipment Cooperation

Dear Sir,

I’m writing this letter to rectify infringement, Bonner is the owner of invention because the tractor is invented by Bonner’s, taking into account that the patent is developed by Bonner organization. It is significant that invention is a result of creativity, and the engineers are working in Bonner. Moreover, being creator and inventor of equipment, intellectual property rights would be owned by Bonner. These rights include a patent for invention, industrial design, trademarks, and geographical indications. In a simplified form Bonner owns the right to protection of the patent, federal statutes that are provided to address civil damage as well as criminal penalties, inferring that such penalties would be assessed against infringers, the vice president of Bonner.

The most adequate method to address dispute is WIPO resolution method. WIPO refers to the World Intellectual Property Organisation. This method would be suitable for resolving the dispute because it is a major class to other submethods such as arbitration method, mediation, expert determination, and expedited arbitration. (Castro Arribas, et, al. 2018). Moreover, WIPO method would be applicable because it is non-profit dispute resolution with remarkable cost and time efficiency accompanied by expert determination. (Welsh & N, 2019). It allows private parties to opt for suitable and efficient ways that can settle technology disputes out of court realms that are domestic and across the border, both IP and technological. As WIPO is a global organization, the dispute can be held anywhere in the world, but in case of Bonner's organization, it would be better if resolution with German Farm Equipment Corporation is held online. (Welsh & N, 2019). The resolution method can be implanted by opting any of the options such as conciliation, ombudsman or arbitration because all these strategies would be equally effective and help to maintain the repute and comfort of both the organizations.

Thank you!

Sincerely,

CEO Bonner Farm Equipment Corporation.

References

Castro Arribas, I. D., Toscano, L., & Gadkowski, A. (2018). An Update On International Trends In Technology, Media And Telecoms Dispute Resolution, Including Intellectual Property Disputes. Leandro and Gradkowski, Andrzej, An Update on International Trends in Technology, Media and Telecoms Dispute Resolution, Including Intellectual Property Disputes (June 2018). Less Nouvelles.

Welsh, N. (2019). Dispute Resolution Neutrals' Ethical Obligation to Support Measured Transparency.