The team is joined by GuestKats Mirko Brüß, Rosie Burbidge, Nedim Malovic, Frantzeska Papadopolou, Mathilde Pavis, and Eibhlin Vardy
InternKats: Rose Hughes, Ieva Giedrimaite, and Cecilia Sbrolli
SpecialKats: Verónica Rodríguez Arguijo (TechieKat), Hayleigh Bosher (Book Review Editor), and Tian Lu (Asia Correspondent).

Tuesday, 5 August 2003

JORDAN SPONSORSHIP SUIT FAILS

One way of gaining publicity for your brand is to pay for a motor racing team to splash it over their cars and kit. Another way is to get sued for non-payment of sponsorship fees and get your brand featured in the business press. Formula One entrepreneur Eddie Jordan sued telecoms giant Vodaphone for not paying $100m sponsorship cash to his Jordan F1 team. Sadly for him the claim failed, leaving him with £5m in legal costs.

The IPKat says: "if you want to prove the existence of a £100m sponsorship deal, try putting the contract in writing. One man's disputed account of a telephone conversation with another is not the strongest evidence".

Full text of the decision here
If you enjoy Formula One racing, click here
If you prefer something a little slower, click here or here



No comments:

Subscribe to the IPKat's posts by email here

Just pop your email address into the box and click 'Subscribe':