Swiss Army Knife Maker's Trademark Win Sliced By $6.3M

Law360, New York (December 15, 2015, 7:03 PM EST) -- A New York federal judge on Tuesday slashed a trademark judgment in favor of Swiss Army knife maker Victorinox AG from $8 million to $1.7 million, saying the statute of limitations bars the original award.

U.S. District Judge Jed Rakoff decided to revise his earlier ruling in which he allowed Victorinox to recover treble damages based on sales of counterfeit knives by The B&F System Inc. going back more than 30 years. Supreme Court precedent, he said, demands that damages in the case be capped at six years.

"The most appropriate limitation for a Lanham Act claim comes from New York's...

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