FINECO THE NEW BANK vs finneo. 2017 08 01
On August 1, 2017, the Appeals division of Lithuanian State Patent Bureau has satisfied opposition No. PNZ-539 of the interested person UNICREDIT S.P.A. regarding cancellation of the trademark “finneo” Reg. No. 74537 owned by UAB „Taurus fondas“.
The Appeals division has stated that the main and dominant elements of the comparable marks are words “FINECO” and “finneo” – and they have strong visual and phonetic similarity. The figurative elements of the comparable trademarks are only decorative therefore they do not affect the similarity of the signs. Semantic comparison is not possible as both comparable trademarks are compounded of artificial words.
Therefore considering all the circumstances, there was stated that the opposed trademark is confusingly similar to the earlier trademark of the interested person.