AmEx Settles 'Blackcard' Trademark Row

Law360, New York (February 17, 2012, 5:31 PM EST) -- A New York federal judge on Wednesday approved a deal to settle American Express Co.'s trademark and unfair competition spat with Black Card LLC over the “Blackcard” mark.

The agreement ends a two-year-old lawsuit between the credit card companies and requires Black Card to transfer the Blackcard mark rights to AmEx and sign a licensing agreement to continue to use the trademark.

The suit, brought in February 2010 by AmEx's Marketing and Development Corp. unit, alleged that Black Card's development of a premium credit card called...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

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.