Live events sector
One of the main impacts of the fall out between German promoters MLK and the new owners of Nurburgring circuit, Capricorn, is that neither has the right to use the name ‘Rock Am Ring’ without the permission of the other. As this year’s Rock am Ring dawned, news broke that new owners Capricorn, who brought the venue from administrators, had broken off talks with MLK for future events. MLK boss Marek Lieberberg had said that Capricorn were asking for a higher profit participation that he felt justified. Subsequently entered into a new agreement with DEAG to promote a festival show at the legendary racing circuit to be called Grune Holle (Green Hell) Rockfestival am Nürburgring. After Leiberberg made a number of comments regarding Rock am Ring and the fact he had invented the name and it was not bound to the Nurburgring, the Administrators had filed legal action seeking injunctive relief against any use of the name saying they co-owned it. The District Court in Koblenz agreed that the name was under ‘common ownership’ and that neither party could proceed with an event named Rock am Ring without the agreement of the other. It is expect MLK will appeal the decision whilst looking at new venues in Mendig and Monchengladbach. On hearing of Lieberberg’s plans to shift Rock am Ring to a new location, Nürburgring GmbH asked the German Patent and Trade Office to grant an injunction to prevent him from doing so.