updated 12:40 pm EST, Wed March 7, 2012
Proview now challenged by own banks
Proview faced an unusually ironic conflict Wednesday after the eight banks handling its bankruptcy argued that they, not Proview, had ownership rights in the iPad trademark dispute. The collective in a statement argued that whatever dispute existed was "essentially between Apple and the eight banks," which involved firms like China Development Bank and China Minsheng Bank. In taking Proview's assets, they understood that they also owned the trademarks.
The statement still acted on the assumption that Apple hadn't properly bought the trademarks. Apple has shown evidence, although Proview in its US lawsuit has accused Apple of 'tricking' Proview into making any kind of trademark sale.
The firm hasn't yet responded to the assertions.
Options are rapidly running out for Proview. Banks are moving to liquidate its assets and might end opportunities for it to further challenge Apple. The US lawsuit, as well as the earlier disputes, have been seen mostly as cash grabs for a company whose core display business was no longer profitable. [via Wall Street Journal]