California | Entertainment Law
Legal Question
What is the statute of limitations on trademark claims
I would like to know the statute of limitations on a trademark case.
A brief background: I was part of amusical act and was an equal partner with 4 others - we each had 20%. We were under age at the time we were signed to a major and our parents went to court to have the contract approved by the Superior Court judge.
I left the organization after we had become successful and I unknowingly signed away my rights to the band...I was 15. Unlike the 1st contract, the one where I gave my shares to my bandmates was not approved in court. I did not receive compensation in the form of a buy-out...I flat out gave them my share and the company. They went on to trademark the name several years later. The trademark now has a multi-million dollar value.
I just recently found out that the contract in which I gave up my rights was invalid, as I was a minor. I had been under the false impression that I did not have any rights since I signed this peice of paper.
Because so many years have elapsed, I am wondering if I can make a claim against my former partners for my share of the value of that trademark or has too much time gone by? Any information would be appreciated. Thank you.


