Bankruptcy Threat to iPad Trademark Challenger

Posted on March 5, 2012 at 2:50pm by

SHANGHAI — A major creditor of Proview Electronics, which is challenging Apple Inc.’s use of the iPad trademark, has moved to have the ailing computer monitor maker liquidated, reports said Monday.

Taiwan-based Fubon Insurance is seeking $8.68 million in debts and has filed an application to have Proview declared bankrupt, the reports by the Xinhua News Agency and other mainland media said.

Proview’s mainland Chinese subsidiary is based in the southern export zone of Shenzhen, where an official at the city’s Intermediate Court said he expected an announcement regarding the case soon.

“It’s a sensitive case in a sensitive period of time, so we won’t comment or release information while we will have an announcement in the near future,” said the official who gave only his surname, Zhu.



Leave a Reply

Your email address will not be published. Required fields are marked *