Walmart Owes $95.5M For 'Backyard' TM Loss, Jury Says

By Dave Simpson (February 12, 2019, 9:12 PM EST) -- Walmart Stores Inc. should pay more than $95.5 million for infringing a smaller chain's "Backyard" trademark by selling "Backyard Grill" products, a North Carolina federal jury found Tuesday.

A North Carolina jury on Wednesday found that Walmart should pay more than $95.5 million for infringing a smaller chain's "Backyard" trademark. (AP)

The jury found that Variety Stores Inc. should reap $45.5 million in royalties for the use of its trademark, which Walmart was found responsible for infringing in an October jury verdict. The damages jury said Variety should score another $50 million from profits earned by Walmart from the infringing sales....

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