Hmmmm, i think their lawyers are being over ambitious to say the least. I doubt they own the Commodore 64 brand. I very much doubt it. They say
"Tulip is the owner of the brand name Commodore. Through this partnership Tulip grants to Ironstone the exclusive rights to exploit the official Commodore C64 web-portal and use of the Commodore 64 brand name. "
They only mentioning owning the Commodore brand name. I bet if push came to shove they have no right to say they own the "Commodore 64" brand name.
Theres a difference. Albeit a small one. And they dont have the rights to the software, the OS or especially the computer games made for it.
Whoever sold them the C= name milked these ignorant idiots. Now theyre trying to save face by making up shit that they own other things when they dont.