The status is difficult to answer right now. Our Legal Team has just found out that “Double A” trademark in Brazil has been registered under the name of “Double A International Business Co., Ltd.” (“DAIB”) which was liquidated in 2011, not Double A (1991) Public Company Limited (“DA1991”).
Given the abovementioned fact, DA1991 cannot perform any further action until the trademark ownership issue is sorted out. We need to check with the local lawyer to find the best possible way for our next move on this matter.
Our Legal Team will come back again after discussing with Tilleke & Gibbins and its associate on this matter.