Wednesday, March 3, 2010
Settlement between MLB Properties and Upper Deck
Maury Brown at the BizofBaseball blog is reporting that MLB Properties and Upper Deck have settled their recent trademark infringement lawsuit. The terms of the settlement are detailed here, but in short Upper Deck has effectively agreed to cease its accused conduct in the future, and agreed to pay MLB Properties "significant" damages for its unlicensed 2010 products. Ethan Orlinsky, Senior Vice President and General Counsel, Major League Baseball Properties declared the settlement to be a "clear and decisive victory" for MLB. Based on the initial details of the settlement, I would have to agree.
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