Saturday, November 22, 2008
Who owns the hat?
As we all know the credit crunch has hit businesses and in particular banks hard. Bradford and Bingley have now been taken over by Spanish giants Santander but questions remain over the future of their trade marks (BBC article here).
Whilst Santander own the savings accounts and branches of Bradford and Bingley the government have control of the mortgages and loans sector, hence the confusion as to who actually owns the marks. Readers may well recall the famous 'bowler hat' (see example) in fact around 100 variations of this have been registered and B and B famously always defend their brand thus increasing its value.
Unfortunately the hats future remains in doubt.