X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

OPINION AND ORDER  In this action for declaratory judgment, Plaintiffs Paysafe Holdings UK Limited and Paysafecard.com Wertkarten GMBH (Paysafe Holdings’ wholly owned subsidiary) sue Defendants Accruit, LLC, and Paysafe Acquisition, LLC (Accruit’s wholly owned subsidiary). Doc. 1. The gravamen of the action concerns a dispute over rights in the “PAYSAFE” trademark. Before the Court is Defendants’ motion to dismiss the action for improper venue pursuant to Rule 12(b)(3) of the Federal Rules of Civil Procedure and 28 U.S.C. §1406 or, in the alternative, to transfer the action to the United States District Court for the District of Colorado pursuant to 28 U.S.C. §1404(a). For the reasons explained below, the motion is GRANTED.I. BACKGROUND1A. Factual BackgroundPlaintiff Paysafe Holdings is a United Kingdom limited liability company with its principal place of business in London. Doc. 303. Paysafe Holdings sells, markets, and offers payment-processing goods and services throughout the United States using the PAYSAFE trademark, among other marks. Id. Plaintiff Paysafecard.com — Paysafe Holdings’ subsidiary — is an Austrian company with its principal place of business also in Austria. Id.4.Plaintiffs are owned by Paysafe Group. Doc. 691. Paysafe Group also owns a subsidiary that maintains an office in this District — namely, Paysafecard.com USA Inc. — although the subsidiary currently does not have employees residing in this District. Id.

1-3. Paysafe Group uses the subsidiary to sell, market, and offer its payment-processing services in the United States under the “PAYSAFECARD” trademark, among other marks. Doc. 304.Defendant Accruit is a Delaware limited liability corporation with its principal place of business in Denver, Colorado. Doc. 623. Accruit does not maintain an office in New York. Id.3. Defendant Paysafe Acquisition — Accruit’s wholly owned subsidiary — is also a Delaware limited liability company based in Denver. Id.

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

More From ALM

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
November 27, 2024
London

Celebrating achievement, excellence, and innovation in the legal profession in the UK.


Learn More
December 02, 2024 - December 03, 2024
Scottsdale, AZ

Join the industry's top owners, investors, developers, brokers and financiers for the real estate healthcare event of the year!


Learn More
December 11, 2024
Las Vegas, NV

This event shines a spotlight on how individuals and firms are changing the investment advisory industry where it matters most.


Learn More

Role TitleAssociate General Counsel, Global EmploymentGrade F13Reporting ToSenior Legal Counsel, Global EmploymentProgram/Tool/ Department/U...


Apply Now ›

Ryan & Conlon, LLP, is a boutique firm specializing in insurance defense. We are a small eclectic practice with a busy and fast paced en...


Apply Now ›

INTELLECTUAL PROPERTY PROSECUTION PARALEGAL - NEW JERSEY OR NEW YORK OFFICESProminent mid-Atlantic law firm with multiple regional office lo...


Apply Now ›