iPad trademark challenger Proview’s creditor seeks liquidation

Associated Press, via Washington Post:

A major creditor of Proview Electronics, which is challenging Apple Inc.’s use of the iPad trademark, has moved to have the ailing computer monitor maker liquidated, reports said Monday.Taiwan-based Fubon Insurance is seeking $8.68 million in debts and has filed an application to have Proview declared bankrupt, the reports by the Xinhua News Agency and other mainland media said.

A lawyer retained by Proview apparently said the proceedings won’t have any effect on its own case against Apple. Proview claims that Apple negotiated a deal with its Taiwanese subsidiary to obtain the iPad trademark in 2009, but failed to do so with the Shenzhen, China headquarters – the resulting legal dispute has caused the iPad to be pulled from store shelves in parts of China. Proview is said to be pressuring Apple for an out-of-court settlement.