EMERGING
Emerging Markets:
Emerging Markets:
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<strong>EMERGING</strong> MARKETS:<br />
A Review of Business and Legal Issues<br />
instantaneousness of part 6, article 50 of Agreement TRIPS and are effective as they allow the<br />
persons to keep the proofs and to halt subsequent offences in the field of author law.<br />
Subject composition of persons who are to execute the preventive measures adopted by<br />
the economic court is to be determined by the contents of the economic court ruling about the<br />
use of preventive measures .<br />
As for the order and method of implementation of preventive measures, they are to be<br />
determined in accordance with the selected preventive measure (article 432 ECP of Ukraine) ,<br />
and obtaining of proofs on demand after the rules of article 38 ECP of Ukraine is carried out<br />
by the economic court. As to the inspection of rooms in which actions related to violation of<br />
rights, and impositions of arrest on property, which belongs to the person to whom the<br />
preventive measures are accepted and who himself or other persons possess this property, it is<br />
carried out by a state executor in accordance with part 1 article 43 6 ECP of Ukraine in an order,<br />
statutory by Law of Ukraine „On executive realization” [18], on the basis of the proper<br />
economic court ruling which is an executive document.<br />
As it has been mentioned above, the procedures which provide the observances of<br />
intellectual ownership rights are to be equal and just (part 2 article 41 of Agreement TRIPS),<br />
that is why preventive measures must be adequate. In our opinion, adequacy of measure prior<br />
to a claim, which is used by the economic court should be determined by its conformity to the<br />
requirements, to provide which it is used. The estimation of such conformity must be carried<br />
out by the court, in particular, taking into account correlation of rights ( interest) protection of<br />
which a claimant sues, with the cost of property on which the arrest is imposed or property<br />
consequences of prohibition of a defendant to accomplish certain actions.<br />
Therefore, an important guarantee of observance of legal titles and interests of person,<br />
against whom preventive measures are used and, simultaneously, a certain guarantee to<br />
prevent a claimant from abuse of procedural law is possibility to compensate the damage<br />
inflicted by the use of preventive measures .<br />
For example, in accordance with article 4310 ECP of Ukraine in case of stopping of<br />
preventive measures or in case of waiver of a claimant of lawsuit, or in case when the<br />
Page 112 Volume 1, April 2009