Thursday, 28 August 2014
Last updated 5 hours ago
Oct 5 2010 | 6:27pm ET
Och-Ziff Capital Management and a similarly-named London hedge fund are battling in court over what's in a name.
Och-Ziff's London unit, Och-Ziff Management Europe, has sued Och Capital. The firm has asked a London court to issue an injunction against the other Och. It is also seeking damages for trademark infringement at a trial that began today, Bloomberg News reports.
Och Capital was founded by Thomas Ochocki last year. Ochocki's lawyers say their client was known as "Och" at his previous job because his name is difficult to pronounce, and told the court that Och Capital is intended to be pronounced "O-C-H" Capital.
"Our client said they were willing to change to O.C.H." late last year, the lawyer, Alistair Wilson, told the court. "That was rejected." Wilson added that there was "no intention to cause any confusion at all," and he apologized for Och's previous failure to comply with court orders.
Och-Ziff countered that Och's cooperation "has been totally unsatisfactory and inexcusable."
The trial is scheduled to wrap up tomorrow.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...