Taiwanese shipbuilder CSBC Corporation has announced that the Supreme Court of Taiwan has made a final ruling yesterday on a 7-year name dispute the company had with its former president Hsu Chih-Chien.
The board of CSBC Corporation changed the company’s name from China Shipbuilding Corporation to the current name in 2007 under former Taiwanese president Chen Shui-bian’s move to eliminate the Chinese influence in Taiwan.
Hsu, who was president of the company at the time, strongly opposed the name change and failed in a lawsuit filed opposing the name change.
Hsu later registered the abandoned name China Shipbuilding Corporation himself in 2009 after he left the company. In the same year, CSBC filed a lawsuit against Hsu over infringement of trademarks.
After losing the court case in January, Hsu appealed to the Supreme Court of Taiwan, however the court has rejected his appeal and sustained the original judgment, which involves 6-month imprisonment and a fine of NTD180k ($5625).
Hsu, a shipping veteran in Taiwan, is also the former president of Courage Marine.