Are there any pending infringement, opposition, or cancellation proceedings against the trademarks of Crown Gold Exchange?

According to Crown Gold Exchange's 2024 Franchise Disclosure Document, there are no pending infringement, opposition, or cancellation proceedings concerning its trademarks. The FDD states that there are no currently effective material determinations by the United States Patent and Trademark Office, the Trademark Trial and Appeal Board, or any state trademark administrator or court regarding the trademarks. Additionally, there is no pending material federal or state court litigation concerning Crown Gold Exchange's use or ownership rights in a trademark. This indicates that Crown Gold Exchange is not currently involved in any legal disputes over its trademarks.

Crown Gold Exchange's affiliate, WAM Gold, LLC, owns the trademarks and licenses them to Crown Gold Exchange, which then sublicenses them to franchisees. This arrangement is formalized through an Intercompany License Agreement, granting Crown Gold Exchange the exclusive right to sublicense the trademarks to franchisees throughout the United States. The agreement is perpetual and can only be modified by mutual consent. It can be canceled by WAM Gold, LLC if Crown Gold Exchange misuses the trademarks and fails to correct the misuse, or if Crown Gold Exchange discontinues commercial use of the trademarks for over a year. Importantly, the agreement specifies that termination of the Intercompany License Agreement will not affect a franchisee's rights.

Crown Gold Exchange also states that it will defend franchisees against legal actions by third parties alleging trademark infringement related to the franchisee's use of the trademarks, and will cover expenses and damages if the legal action is resolved unfavorably to the franchisee. However, franchisees are obligated to notify Crown Gold Exchange of any use of, or claims to, a trademark identical or confusingly similar to the trademarks licensed to them. Crown Gold Exchange is not obligated to take action upon notification of such uses or claims but retains the right to control any administrative proceedings or litigation involving a licensed trademark. Crown Gold Exchange also states that it is not aware of any superior prior rights or infringing uses that could materially affect a franchisee's use of the principal trademarks.