Och-Ziff Blasts Similarly-Named Firm In London Court

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.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...