On 5 Jun 2016 05:19, "Greg Varnum" <gvarnum(a)wikimedia.org> wrote:
John asked about filing and other fees paid by Jones Day, and if the fees
separate from consulting costs. Unfortunately, we don’t have an easy,
quick way to divide the Jones Day expenses into registration fees and legal
fees, but we can provide more information about where the costs came from.
Each trademark application costs about $1,000–5,000 (sometimes more),
including filing fees and attorney’s fees. The cost for each application
depends on the country’s application fees, the country’s administrative
hurdles, the breadth of protection we are seeking, whether we can reuse
materials prepared for previous applications, and whether we encounter
resistance from trademark offices or other trademark holders.
Your response isnt clear, but it strongly implies the stated US$1.7M stated
on page p.61 does include the fees paid by Jones Day to relevant government
bodies around the world. No surprise there. But it is surprising that
Jones Day doesnt provide detailed invoices that separate their own services
from fees they have paid on the WMF's behalf.
If the WMF doesnt know what the fees cost, the WMF does not know how much
extra it paid for an external consultant to do the paperwork for them ... ?
How much will it cost for someone to split the 1.7 M bill?
Their relationship with WMF has come a long way since the 'pro bono' work
that Jones Day did to recommend acquiring a trademark on a public domain
logo (and somehow convincing many WMF staff that it was a brilliant idea).
Finally, regarding John's question about
non-program service investment
in Europe (page 35), this represents our foreign
currency bank accounts
with JP Morgan in the UK. The purpose of this holding is to retain
donations received in EUR, GBP, CAD and AUD in their original currency to
minimize currency exchange risks.
Do I understand correctly that the 5.2M was to meet minimum account opening
deposit criteria for four accounts for the four currency.
The money cant be withdrawn while these accounts are open? Is it being
managed by an investment fund? If so, which one, or what is the expected
rate of return on this investment. Did the WMF have an option for which
fund was used, or was it stipulated by JP Morgan/ etc?