Texas Bank Seeks To Block Rival's Use Of 'Guaranty' Mark
Law360, New York (June 12, 2017, 6:05 PM EDT) -- Guaranty Bank & Trust NA pressed for a temporary restraining order Friday to prevent First Guaranty Bank from rebranding several recently acquired Synergy Bank locations in Texas, arguing that it had established "exclusive" rights to the "Guaranty" name for banking services in its over 100 years of operation in the state.
Guaranty Bancshares Inc., which operates Guaranty Bank, argued that the temporary restraining order is needed due to a lack of assurances from First Guaranty Bancshares Inc., which primarily operates in Louisiana, that it would not change the names of a series of recently acquired Texas banks — currently branded as...
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