New Balance Said To Lose Trademark Suit In China

Law360, New York (April 30, 2015, 11:09 AM EDT) -- A Chinese court has ordered an affiliate of New Balance Athletic Shoe Inc. to pay a local businessman 98 million yuan ($15.8 million) for infringing his trademark by marketing the company's sneakers as "Xin Bai Lun," Chinese state media reported on Wednesday.

In an April 24 ruling, the Guangzhou Municipal Intermediate People's Court ordered New Balance Trading (China) Co. Ltd. to cough up the funds to compensate a businessman with the surname Zhou who owns the trademarks "Bai Lun" and "Xin Bai Lun" in China, the official Xinhua news agency said.  

The court said that the 98 million yuan sum amounted...

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