Costco Has Been Saved by the Fair Use Defense: $21 Million Tiffany Award Reversed

In a huge break for Costco Wholesale Corp. (“Costco”), the U.S. Court of Appeals for the Second Circuit in New York recently reversed a $21 million trademark infringement award in favor of famed jeweler Tiffany & Co. (“Tiffany”), giving Costco the opportunity to argue that its use of the word […]