`ESTTA907177
`07/03/2018
`
`ESTTA Tracking number:
`
`Filing date:
`
`IN THE UNITED STATES PATENT AND TRADEMARK OFFICE
`BEFORE THE TRADEMARK TRIAL AND APPEAL BOARD
`
`Notice of Opposition
`
`Notice is hereby given that the following party opposes registration of the indicated application.
`
`Opposer Information
`
`Name
`
`Entity
`
`Address
`
`Attorney informa-
`tion
`
`Mountaineer Partners Management, LLC
`
`Limited liability company
`
`Citizenship
`
`Delaware
`
`150 East 58th Street
`14th Floor
`New York, NY 10155
`UNITED STATES
`
`Damon A. Neagle
`Design IP, P.C.
`5050 W. Tilghman St
`Suite 435
`Allentown, PA 18104
`UNITED STATES
`Email: tm@designip.com
`Phone: 610-395-4900
`
`Applicant Information
`
`Application No
`
`87674664
`
`Publication date
`
`06/12/2018
`
`Opposition Filing
`Date
`
`Applicant
`
`07/03/2018
`
`Opposition Peri-
`od Ends
`
`07/12/2018
`
`MOUNTAINEER CAPITAL MANAGEMENT LP
`28 HAVEMEYER PLACE
`GREENWICH, CT 06830
`UNITED STATES
`
`Goods/Services Affected by Opposition
`
`Class 036. First Use: 2017/11/01 First Use In Commerce: 2017/11/01
`All goods and services in the class are opposed, namely: Financial advisory and consultancy ser-
`vices; Financial and investment services,namely, asset and investment acquisition, consultation, ad-
`visory and development; Financial information; Financial investment brokerage; Financial planning
`andinvestment advisory services; Financialservices, namely, investment advice, investment manage-
`ment, investment consultation and investment of funds for others,including private and public equity
`anddebt investment services
`
`Grounds for Opposition
`
`Priority and likelihood of confusion
`
`Trademark Act Section 2(d)
`
`No use of mark in commerce before application
`or amendment to allege use was filed
`
`Trademark Act Sections 1(a) and (c)
`
`Mark Cited by Opposer as Basis for Opposition
`
`U.S. Application
`
`87790500
`
`Application Date
`
`02/08/2018
`
`
`
`No.
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`Registration Date
`
`NONE
`
`Word Mark
`
`Design Mark
`
`MOUNTAINEER
`
`Foreign Priority
`Date
`
`NONE
`
`Description of
`Mark
`
`Goods/Services
`
`NONE
`
`Class 036. First use: First Use: 2011/12/05 First Use In Commerce: 2011/12/05
`Financial advisory and consultancy services
`
`Attachments
`
`87790500#TMSN.png( bytes )
`Notice of Opposition - FINAL.pdf(439669 bytes )
`
`Signature
`
`/Damon A. Neagle/
`
`Name
`
`Date
`
`Damon A. Neagle
`
`07/03/2018
`
`
`
`
`
`IN THE UNITED STATES PATENT AND TRADEMARK OFFICE
`
`BEFORE THE TRADEMARK TRIAL AND APPEAL BOARD
`
`____________________________________________________________________________
`
`In the matter of trademark Application Serial No. 87/674,664
`
`For the mark MOUNTAINEER
`
`Date Filed: November 7, 2017
`
`Date Published: June 12, 2018
`___________________________________________________________________________
`
`Mountaineer Partners Management, LLC,
`
`
`
`
`
`Opposer;
`
`
`
`v.
`
` Mountaineer Capital Management, LP,
`
`
`
`Applicant.
`
`
`
`
`
`
`
`
`
`Opposition No.:________________
`
`____________________________________________________________________________
`
`NOTICE OF OPPOSITION
`
`
`
`Opposer Mountaineer Partners Management, LLC, by and through its undersigned
`
`counsel, states as its Notice of Opposition against Applicant, Mountaineer Capital Management,
`
`LP, the following:
`
`I.
`
`The Parties
`
`1. Opposer Mountaineer Partners Management, LLC, (“MPM”) is a Delaware limited liability
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`company with a business address of 150 East 58th Street, 14th Floor, New York, NY 10155.
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`2. MPM is the owner of record of US trademark Application Serial No. 87/790500 the (“the
`
`‘500 Application”).
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`3. On information and belief, Applicant Mountaineer Capital Management, LP (“MCM”) is a
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`Delaware limited partnership comprising Colin Kronewitter, a United States citizen, and Cairn
`
`
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`Rock Capital Partners, LLC, a Delaware limited liability company. MCM has a business address
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`of 28 Havemeyer Place, Greenwich, Connecticut 06830.
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`4. On information and belief, MCM is the owner of record of US trademark Application Serial
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`No. 87/674,664 the (“the ‘664 Application”).
`
`II.
`
`Standing
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`5. The above-identified Opposer is being injured by MCM’s ‘664 Application, and hereby
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`opposes the same. Opposer has a direct and personal stake in the outcome of this proceeding.
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`The facts recited in the following paragraphs establish Opposer’s standing to file this opposition,
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`pursuant to Trademark Act Section 14, 15 U.S.C. § 1064.
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`6. Opposer has been injured because it is the senior user of the mark MOUNTAINEER for
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`financial advisory and consultancy services, and the ‘664 Application impedes the full exercise of
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`Opposer’s rights to use of its MOUNTAINEER mark. Opposer’s injury includes the inability to
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`secure the benefits of federal registration for its MOUNTAINEER mark due to the existence of the
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`‘664 Application.
`
`III.
`
`Grounds for Opposition
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`7. Opposer’s grounds for this opposition proceeding are priority and an alleged likelihood of
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`confusion under Trademark Act §2(d), 15 U.S.C. § 1052(d). If, as the USPTO Examining Attorney
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`contends in his suspension notice for MPM’s ‘500 Application, Opposer’s mark so resembles
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`Applicant’s mark as to be likely, when applied to the services of the Opposer, to cause confusion,
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`then the ‘664 Application should be refused because Opposer has priority of use.
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`8. In the alternative, on information and belief, there was no bona fide use of applicant’s mark
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`in connection with all of the services listed in the ‘664 application prior to the filing of the use-
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`based application for registration of the mark under Trademark Act §1(a), 15 U.S.C. §1051(a).
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`Due to the lack of prior use, the ‘664 application should be refused.
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`IV.
`
`The Applicant’s and Opposer’s Applications
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`2
`
`
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`9. On November 7, 2017, Applicant MCM filed an application, Serial Number 87/674,664, to
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`register MOUNTAINEER for financial advisory and consultancy services; financial and investment
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`services, namely, asset and investment acquisition, consultation, advisory and development;
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`financial information; financial investment brokerage; financial planning and investment advisory
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`services; financial services, namely, investment advice, investment management, investment
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`consultation and investment of funds for others, including private and public equity and debt
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`investment services in International Class 036. This application was published June 12, 2018.
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`10. On February 8, 2018, Opposer filed an application, Serial Number 87/790,500, to register
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`MOUNTAINEER for financial advisory and consultancy services in Class 036.
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`11. On May 23, 2018, the USPTO issued a Suspension Notice in Opposer’s ‘500 application.
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`In the Notice, the examining attorney took the position that Applicant’s ‘664 Application may
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`present a bar to Opposer’s application under Trademark Act Section 2(d), 15 U.S.C. §1052(d),
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`based on an alleged likelihood of confusion.
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`V.
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`Priority of Use
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`12. Opposer had nationwide common law rights to its MOUNTAINEER mark for use with
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`financial services, as claimed in the ‘500 Application, for nearly 6 years prior to Applicant’s claimed
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`first use of the MOUNTAINEER mark.
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`13. Applicant’s ‘664 Application claimed November 1, 2017 as both the date of first use and
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`the date of first use in commerce of the MOUNTAINEER mark.
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`14. Opposer has continuously used the trademark MOUNTAINEER, in interstate commerce
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`on a nationwide basis, for financial advisory and consultancy services since at least as early as
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`December 5, 2011.
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`15. A search of the online records of the Delaware Department of State: Division of
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`Corporations conducted on June 7, 2018 showed that Opposer Mountaineer Partners
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`Management, LLC was formed on February 17, 2011.
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`3
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`
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`16. A search of the online records of the Delaware Department of State: Division of
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`Corporations conducted on June 7, 2018 showed that Applicant Mountaineer Capital
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`Management, LP was formed on November 15, 2017.
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`17. Marketing and advertising are heavily regulated in the field of investment funds and thus
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`most of Opposer’s marketing is done via meetings, conferences and coverage in trade
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`publications.
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`18. Prior
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`to November 1, 2017, Opposer was using, and continues
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`to use, the
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`MOUNTAINEER mark to advertise the services of its well-established financial advisory and
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`consultancy business.
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`19. Prior to November 1, 2017, Opposer had contact with approximately 900 investors,
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`conducted 329 in person meetings, and 107 onsite visits with potential clients primarily from
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`across the United States.
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`20. As of November 1, 2017, Opposer had 5 employees, $75.8 million in firm assets under
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`management from 19 investors, including high net worth individuals, family offices, foundations,
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`an outsourced chief investment officer and investors based in New York, Connecticut,
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`Pennsylvania, Ohio, California and the United Kingdom.
`
`21. On information and belief, on February 8, 2018, Applicant MCM filed a FORM ADV
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`PART 2A BROCHURE with the Securities and Exchange Commission, which contains the
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`following statement on page 7 under the heading Assets Under Management: “As of December
`
`31, 2017, we provide continuous management services for $0 in client assets on a discretionary
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`basis, and $0 in client assets on a non-discretionary basis”.
`
`22. Opposer uses the MOUNTAINEER mark to advertise its services on its website
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`http://www.mountaineerpartners.com/. The website is accessible to potential customers
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`throughout the United States and beyond.
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`23. The
`
`internet
`
`archive
`
`website
`
`web.archive.org
`
`has
`
`captured
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`the
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`http://www.mountaineerpartners.com/ website as early as August 23, 2013.
`
`4
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`
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`24. Through substantial effort and investment, Opposer has built up substantial goodwill in the
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`mark.
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`25. Opposer MPM has incurred average annual expenses of $186,833 marketing the Fund to
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`investors, including salaries of employees primarily engaged in marketing, travel expenses, and
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`expenses to attend conferences. Opposer MPM has had contact with approximately 900
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`investors, conducted 329 in person meetings, and 107 onsite visits prior to November 1, 2017
`
`with potential clients primarily from across the United States.
`
`26. An article in the on-line publication Business Wire (www.businesswire.com) dated May 1,
`
`2012, reports that “Mountaineer Partners Management LLC, a new event-driven long/short hedge
`
`fund, today announced the implementation of Imagine’s powerful, cloud-based ASP service for
`
`its fund launched in 2012.”
`
`27. An article in the on-line publication Risk-Technology (http://risk-technology.typepad.com)
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`dated May 14, 2012, reports that “Mountaineer Partners Management, an event-driven long/short
`
`hedge fund based in New York and open for business since January 2012, has implemented
`
`Imagine Software’s cloud-based portfolio and risk management solution.”
`
`28. On April 17, 2016, The New York Times published a wedding announcement for Gregory
`
`Stephen Williams who is described as “an investment analyst at Mountaineer Partners
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`Management, a hedge fund in New York.”
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`29. Based on the facts of record, Opposer’s use of the MOUNTAINEER mark, as early as
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`December 5, 2011, predates Applicant’s claimed first use of the MOUNTAINEER mark of
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`November 1, 2017, by approximately six years. As such, Opposer is the senior user of the
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`MOUNTAINEER mark.
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`30. Opposer’s use in commerce of the MOUNTAINEER mark at least as early as 2011 has
`
`been nationwide. The global reach of Opposer’s website, the geographic diversity of the services
`
`offered and the geographic diversity of the consumers outlined in the facts pleaded, supra,
`
`demonstrate nationwide use.
`
`5
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`
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`31. Opposer has invested significant amounts of money and labor in the development and
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`promotion of its financial advisory and consultancy business using the MOUNTAINEER.
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`32. Opposer now seeks federal registration of it MOUNTAINEER mark in conjunction with
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`financial advisory and consultancy.
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`33. Opposer, through its development and promotion efforts, has built a recognized
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`nationwide notoriety and goodwill around the MOUNTAINEER mark.
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`VI. Lack of Bona Fide Use
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`34. On information and belief, at the time Applicant filed the ‘664 Application, applicant did not
`
`have actual use of Applicant’s Mark as a trademark with each of and every one of Applicant’s
`
`services, and on information and belief, Applicant failed to satisfy the requirements of Trademark
`
`Act Section 1(a) and related Trademark Rules and Regulations.
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`35. Applicant filed the ‘664 Application on November 7, 2017 on in in-use basis under Section
`
`1(a) of the Trademark Act.
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`36. The specimen of use attached to the application is described as a “screenshot of website
`
`offering services and emblazoned with the mark” and is reproduced below.
`
`
`
`
`
`
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`6
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`
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`37. On
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`information and belief, Applicant owns and
`
`controls
`
`the website
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`http://mountaineerfunds.com/.
`
`38. A search of the internet archive website web.archive.org on June 14, 2018 showed that it
`
`had never captured historic images the website http://mountaineerfunds.com/.
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`39. A review of the http://mountaineerfunds.com/ website on June 14, 2018 showed a web
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`page identical to the one in the specimen for the ‘664 Application, except that the photograph of
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`the rock pile was missing.
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`40. The website consists of a single web page using the MOUNTAINEER mark associated
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`with the text “Mountaineer Capital manages private investment funds targeting long-term
`
`investments in quality companies, with strong unit economics. The funds are concentrated in
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`nature and global in construction. Our objective is to identify a select few investments with
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`sustainable competitive advantages and pricing power. We seek to align our capital behind
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`disciplined, shareholder friendly management teams.”
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`41. The services claimed in the ‘664 application are “Financial advisory and consultancy
`
`services; Financial and investment services, namely, asset and investment acquisition,
`
`consultation, advisory and development; Financial information; Financial investment brokerage;
`
`Financial planning and investment advisory services; Financial services, namely, investment
`
`advice, investment management, investment consultation and investment of funds for others,
`
`including private and public equity and debt investment services.”
`
`42. The specimen does not show use of the MOUNTAINEER mark in association with
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`“financial advisory and consultancy services” or “financial services, namely, investment advice.”
`
`43. On information and belief, as of the filing date of November 7, 2017, Applicant had not
`
`rendered in commerce all of the services listed in the ‘664 Application filed on an in-use basis
`
`under Section 1(a) of the Trademark Act.
`
`7
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`
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`44. On information and belief, as described in paragraph 21, Supra, Applicant reported to the
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`SEC on February 8, 2018, that as of December 31, 2017, it provided continuous management
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`services for $0 in client assets.
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`WHEREFORE, Opposer respectfully requests that Applicant’s ‘664 Application be refused
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`and that this Opposition be sustained.
`
`
`
`Date: July 3, 2018
`
`
`
`
`
`By: /Damon A. Neagle/
`Damon A. Neagle
`PA Bar No. 90738
`Design IP, P.C.
`Commerce Corporate Center
`5050 W. Tilghman St., Suite 435
`Allentown, PA 18104
`tel.: 610-395-4900
`fax: 610-680-3312
`e-mail: tm@designip.com
`
`Attorneys for Opposer
`
`8
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`