Lately, Apple and Proview have been involved in a legal battle over the iPad trademark in China. Now, it seems that a settlement will probably occur. Proview’s lawyer has suggested that the company believes it will “likely” reach an out-of-court settlement with Apple in its disagreement over who owns the iPad trademark in China.
The Associated Press reports that the Guangdong High Court is helping to resolve the settlement talks between the two companies. The report also notes that court officials declined to comment on the case with the foreign media. Apple said in a statement that it would never “knowingly abuse someone else’s trademarks” and also implied that Proview is trying to get more money to pay off its outstanding debts.
If the two companies are unable to reach an agreement, the Chinese court will decide the ruling. Apple continues to say that it purchased the Chinese iPad trademark rights from Proview in 2009. However, Proview argues that the deal was not valid since representatives from the Shenzhen subsidiary that own the mark were not present when the contract was signed.