The court decides to alienate the trademark Dzintars from Gerčikova / Diena

This is a judgment of the court of first instance and can be appealed within 20 days of reading the judgment.

On Thursday, December 23, the Riga City Vidzeme Suburb Court handed down a judgment in a dispute over the ownership of the trademark Dzintars. Jānis Ozoliņš, the insolvency administrator of Dzintara, demanded that the court declare illegal the re-registration of the trademarks of Gerčikov, the former chairman of the board of Dzintara, free of charge to another legal entity owned by him during the legal protection proceedings against Dzintara.

The administrator’s representatives explained to LETA that the court had acknowledged in its decision that the value of the trademarks was a very important asset of Dzintara. The court stated in its judgment that it satisfied Ozolina’s claim against Gerčikova for annulment of transactions and restoration of property rights to trademarks.

The court ruled that the trademarks should be expropriated from Gerchikov and that the insolvent Amber’s ownership rights to the national and international trademarks should be restored, the administrator explains.

In 2020, all the assets of the insolvent “Dzintara” were acquired by the current shareholder of the manufacturer of the brand “Dzintars” SIA “HA Brieger”.

The proceedings concerned the word and figurative affiliation of the national and international trade marks Dzintars and Future Formula.

It has already been reported that Gerchikov established the company “Dzintars Beauty” in October 2019 with a share capital of 2,800 euros. Gerchikov is the sole owner of the company and also the sole member of the board. Dzintars Beauty has not submitted annual reports. On December 17, 2021, the State Revenue Service suspended the economic activity of the company, as well as applied a ban on reorganization and change of participants.

On November 12, 2019, the Riga City Pardaugava Court declared “Dzintara” insolvent.

In 2020, HA Brieger had a turnover of 5,580 euros and a profit of 772 euros, according to

“HA Brieger” was registered in 2006, but its name until the beginning of October 2020 was SIA “Instruments”, but until the beginning of January 2021 – “Dzintars Production”. The share capital of the company is 284,500 euros. HA Brieger is owned by SIA Skinest Asset Management (67%), the real beneficiary of which is the Estonian businessman Oleg Osinovsky, and SIA Asko R (33%), which is owned by Udalova.

Source: by

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