Law360, New York (August 10, 2011, 3:17 PM EDT) -- A New York federal judge pulled the rug out from under Christian Louboutin SA's red-soled shoe monopoly Wednesday, refusing to bar Yves Saint Laurent America Inc. from selling similarly colored heels in a trademark suit that may soon land at the Second Circuit's feet.
U.S. District Judge Victor Marrero rejected Louboutin's request for a preliminary injunction, ruling that the Lanham Act did not permit a designer to corner the market on a swath of red hues.
"Because in the fashion industry color serves ornamental and aesthetic...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.