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+ - Apple Could Lose $1.6 Billion in iPad Lawsuit->

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redletterdave
redletterdave writes "Proview Technology, which currently uses the 'iPad' name on several of its products including computer monitors, stands to win $1.6 billion and an apology from Apple for allegedly infringing upon Proview's trademarked name to use on its bestselling tablet. Proview International, which owns subsidiaries Proview Technology in Shenzhen and Proview Electronics in Taiwan, originally registered the name "iPad" in Taiwan in 2000 and mainland China in 2001. Proview eventually sued Apple in 2011, and even though the Cupertino-based company retaliated with a counter-suit of its own, Apple lost the case in local Chinese courts. Depending on the court's findings, Apple could be fined anywhere from $38 million to the $1.6 billion that Proview is seeking. In addition to the money, Proview also wants Apple to apologize. 'We have prepared well for a long-term legal battle,' said one of Proview's lawyers."
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Apple Could Lose $1.6 Billion in iPad Lawsuit

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I'd rather just believe that it's done by little elves running around.

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