Jay Z named defendant in $600 million lawsuit
Rapper Jay Z has been named a defendant in a $600 million (GBP375 million) trademark lawsuit over the Brooklyn Nets basketball team's name.
Businessman Dr. Francois de Cassagnol claims he trademarked the Nets name before the team left New Jersey and moved to Brooklyn, New York.
In court papers filed on 9 December (13), de Cassagnol alleged
officials for the National Basketball Association (NBA), Jay Z and
developer Bruce Ratner "fraudulently conspired" to use "loopholes"
in the U.S. Patent Office so they could trademark the term,
according to RadarOnline.com.
De Cassagnol reportedly filed the trademark application in 2012 for
The Brooklyn Nets Entertainment Logo, and he claims he was assured
by NBA officials there would be no conflict when Jay Z's team moved
to New York.
The businessman previously appealed to the Patent Office concerning
the matter, but officials on the review board determined he filed
his paperwork too late, and that "none of the described uses" of
the trademark were enough to overrule the NBA's application.
Now, de Cassagnol is asking a judge to bar officials at the NBA and
other associated parties from using the term.
The 99 Problems hitmaker sold his share of the Brooklyn Nets team
to coach Jason Kidd last year (13), after opening his own sports
agency firm.
He still owns a share of the Barclays Center, the arena where the
Brooklyn Nets play their home games.