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[h=1]Audemars Piguet awarded $9.8m in damages[/h] 15 January 2014
The United States District court for the Southern district of New York awarded the amount for infringement of the Swiss watch brand’s vaild trademark of its Royal Oak design
The extensive trial saw Audemars Piguet seek seek recompense from, among others, Swiss Watch International, which operates the worldofwatches.com website. The United States District Court for the Southern District of New York found that Audemars Piguet has valid trademark rights in its Royal Oak watch design, that such rights were infringed by the
defendants’ sales of Swiss Legend Trimix Diver watches with a very similar design and that defendants have engaged in act of unfair competition.
The Court awarded the full amount of the defendants’ profits, and trebled them for bad-faith conduct and allowed Audemars Piguet to apply for an award of its attorney’s fees and costs of suit. It also entered an injunction forbidding the defendants from further dealings in the infringing watch products.
François-Henry Bennahmias, chief executive officer, announced: “The Royal Oak was the first of its kind. 40 years later, it remains unmatched amongst prestige sport watches. We are fully committed to enforcing our rights in the Royal Oak design and insist our trademarks be fully respected. We owe it to Audemars Piguet, and the founders’ familiesâ€.
The original Royal Oak was launched in 1972. It was designed by Gerald Genta and was the first luxury watch to be made from stainless steel.
http://luxurysociety.com/news/39505
Chronopassion?
Rubberclad?
The United States District court for the Southern district of New York awarded the amount for infringement of the Swiss watch brand’s vaild trademark of its Royal Oak design
The extensive trial saw Audemars Piguet seek seek recompense from, among others, Swiss Watch International, which operates the worldofwatches.com website. The United States District Court for the Southern District of New York found that Audemars Piguet has valid trademark rights in its Royal Oak watch design, that such rights were infringed by the
defendants’ sales of Swiss Legend Trimix Diver watches with a very similar design and that defendants have engaged in act of unfair competition.
The Court awarded the full amount of the defendants’ profits, and trebled them for bad-faith conduct and allowed Audemars Piguet to apply for an award of its attorney’s fees and costs of suit. It also entered an injunction forbidding the defendants from further dealings in the infringing watch products.
François-Henry Bennahmias, chief executive officer, announced: “The Royal Oak was the first of its kind. 40 years later, it remains unmatched amongst prestige sport watches. We are fully committed to enforcing our rights in the Royal Oak design and insist our trademarks be fully respected. We owe it to Audemars Piguet, and the founders’ familiesâ€.
The original Royal Oak was launched in 1972. It was designed by Gerald Genta and was the first luxury watch to be made from stainless steel.
http://luxurysociety.com/news/39505
Chronopassion?
Rubberclad?