Episode 03 | Guest conversation

The Trademark Reality PE Buyers Need to Understand

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When a sponsor buys a company, the rights to its name don’t always come with it. Registration outcomes at the US trademark office have also become much harder to predict.

Trademark attorney John Pickerill of Fredrikson & Byron joins Phillip McMillan to walk through what buyers should understand about the protection behind a brand. John spent years at an ad agency before law school, so he knows both sides: the people who build a brand and the counsel who has to protect it.

In this episode

  • Why trademark registration has become less predictable, and why a first response can take months to arrive
  • How older, broad registrations, foreign filings, and common law use can block a name that looks clear on paper
  • What clearing a platform name for a roll-up involves when it will enter new markets
  • Coined, descriptive, and generic names: the trade-offs for long-term brand equity
  • Why adding “Solutions” or “Services” to a name rarely resolves a conflict
  • What to do when registration is refused, and what TM, SM, and the registered symbol each mean
  • What to request in diligence: chain of title, prosecution history, search history, and warranties
  • Where copyright can add a second layer of protection, and how John uses AI in trademark work

Chapters

  1. 00:00Introduction
  2. 02:09From the ad agency world to trademark law
  3. 05:31Why trademark outcomes are harder to predict
  4. 07:05Likelihood of confusion and broad legacy registrations
  5. 08:57How long the trademark office takes to respond
  6. 10:21Foreign registrations and the US use requirement
  7. 11:51Common law rights
  8. 13:08Clearing a name for a roll-up
  9. 14:11Coined, descriptive, and generic names
  10. 21:11Does adding “Solutions” fix a conflict?
  11. 22:37The most common trademark mistake in deals
  12. 24:18What happens if registration is refused
  13. 26:54TM, SM, and the registered symbol
  14. 28:20Next steps when diligence raises a flag
  15. 29:45Copyright as a complementary strategy
  16. 32:59AI in trademark work: trust but verify
  17. 37:26Why 60 to 70 percent can be a good answer

This episode is a general discussion and is not legal advice. Talk with qualified counsel about your specific situation.

About the guest

John Pickerill

Chair, Advertising, Marketing & Trademark Law Group, Fredrikson & Byron

John Pickerill chairs the Advertising, Marketing & Trademark Law Group at Fredrikson & Byron, where he advises on branding and on trademark and copyright issues in deals. Before law school he spent more than 5 years at a Minneapolis advertising agency.

More conversations

Keep listening.

Episode 01 | Solo

Phillip McMillan
Founder and Managing Director, CS Brand Group

Phillip McMillan introduces the show and explores why brand belongs in the value creation conversation, from making an investment thesis clear to customers and employees to helping the next buyer understand the business.

Episode 02 | Guest conversation

Travis Dziubla
Managing Director, Pacific Avenue Capital Partners

Travis Dziubla discusses when identity work should begin, who needs a voice, and what a business risks when it postpones those decisions.

Keep the conversation going.

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