• Tiffany & Co. gets $8.25 million punitive damages award from Costco for TM infringement
• Award comes on top of $5.5 million in compensatory damages
• Court rejected claim that “Tiffany” is generic term for type of ring setting
Costco Wholesale Corp. must pay $8.25 million in punitive damages to Tiffany & Co., after a court found that Costco infringed the jeweler’s trademarks (Tiffany & Co. v. Costco Wholesale Corp., S.D.N.Y., No. 1:13-cv-01041, punitive damages award 10/5/16).
The Oct. 5 jury award, confirmed by Tiffany’s outside counsel Jeffrey A. Mitchell of Browne George Ross LLP, is in ...
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