Photo: it'sisaac/Flickr 2nd Circuit Reverses $21M Judgment Against Costco in Dispute Over 'Tiffany' Rings
A unanimous three-judge panel of the Manhattan-based appeals court held that a lower court judge incorrectly rejected Costco's "fair use" defense for selling the otherwise unbranded rings, which it had marketed to customers for their "Tiffany" style and setting.
August 17, 2020 at 05:44 PM
4 minute read
The U.S. Court of Appeals for the Second Circuit on Monday wiped out a $21 million judgment against Costco Wholesale Corp. for selling generic diamond engagement rings under the "Tiffany" name, clearing the way for a jury trial on the high-end jeweler's trademark-infringement and counterfeiting claims.
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