Florida-Based Aircraft Brokerage Wins Fight With Warren Buffett’s NetJets | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Wed, Jan 15, 2014

Florida-Based Aircraft Brokerage Wins Fight With Warren Buffett’s NetJets

Had Filed Suit To Protect 'IntelliJet' Brand

Nearly two years ago Florida-based IntelliJet International, a private jet sales and brokerage company, was sued for trademark infringement by NetJets Inc., a Berkshire Hathaway company owned by Warren Buffet. A federal judge has ruled in favor of IntelliJet’s Motion for Summary Judgment, which upholds IntelliJet’s right to operate under that name and orders that NetJets’ IntelliJet trademark registration be cancelled for failure to make use of the mark in commerce.

NetJets Inc., a Columbus, Ohio-based wholly-owned subsidiary of Warren Buffett’s Berkshire Hathaway Inc., filed suit against IntelliJet Group, LLC dba IntelliJet International for trademark infringement in January 2012. NetJets sells or leases shares (or fractions) of private jets to companies or private individuals, and is commonly referred to as a fractional jet ownership company. IntelliJet is a privately owned aircraft sales and brokerage company, which has operated under that name since 2005. IntelliJet’s primary business is selling high-end aircraft to a single company or private individual.
 
In a Summary Judgment decision dated December 19th, 2013, U.S. District Court Judge Gregory L. Frost ruled in favor of IntelliJet, essentially ending a nearly two-year legal fight in which IntelliJet defended its corporate identity against the Warren Buffet company. In addition to upholding IntelliJet’s right to continue offering its services under the name IntelliJet, Judge Frost also ordered that NetJets trademark for its IntelliJet software be cancelled on the basis of abandonment. Since NetJets’ IntelliJet software is only used internally to provide services to the Columbus private jet company’s clients, and has never been placed in “use in commerce”, it does not meet the standards required of a trademark.
 
Spivack pointed out that IntelliJet and NetJets have both been featured in the same trade industry publication multiple times, and both attend some of the same trade shows every year. However, Spivack said he had never seen or heard of NetJets promoting a software program called IntelliJet at any time. In fact, personnel from both companies have interacted with each other dating back to well before the lawsuit was filed, including a personal visit by two NetJets sales representatives at IntelliJet’s main office in Jacksonville several years ago. Given that he had no knowledge about NetJets internal software, Spivack was surprised when he first learned of the lawsuit filing in January 2012. He expressed his annoyance for all the stress he and his family have suffered during the past two years, and for the enormous expense incurred to defend the company brand. Spivack said: “We felt it was the right thing to do and in the end, we prevailed. Considering all we’ve been through, it is satisfying to know that NetJets trademark for its IntelliJet software program has been canceled.”

IntelliJet International is an aircraft sales and brokerage company headquartered in Jacksonville, Florida.

FMI: www.intellijet.com

Advertisement

More News

ANN's Daily Aero-Term (04.24.24): Runway Lead-in Light System

Runway Lead-in Light System Runway Lead-in Light System Consists of one or more series of flashing lights installed at or near ground level that provides positive visual guidance a>[...]

ANN's Daily Aero-Linx (04.24.24)

Aero Linx: Aviation Without Borders Aviation Without Borders uses its aviation expertise, contacts and partnerships to enable support for children and their families – at hom>[...]

Aero-FAQ: Dave Juwel's Aviation Marketing Stories -- ITBOA BNITBOB

Dave Juwel's Aviation Marketing Stories ITBOA BNITBOB ... what does that mean? It's not gibberish, it's a lengthy acronym for "In The Business Of Aviation ... But Not In The Busine>[...]

Classic Aero-TV: Best Seat in The House -- 'Inside' The AeroShell Aerobatic Team

From 2010 (YouTube Version): Yeah.... This IS A Really Cool Job When ANN's Nathan Cremisino took over the lead of our Aero-TV teams, he knew he was in for some extra work and a lot>[...]

Airborne Affordable Flyers 04.18.24: CarbonCub UL, Fisher, Affordable Flyer Expo

Also: Junkers A50 Heritage, Montaer Grows, Dynon-Advance Flight Systems, Vans' Latest Officially, the Carbon Cub UL and Rotax 916 iS is now in its 'market survey development phase'>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC