Target Settlement

We are following up on a blog we posted in 2011 reporting that Target Brands Inc., the U.S. retailer, was refused an interlocutory injunction in its continuing battle with owner of the Canadian trade-mark registration for TARGET. 

The U.S. retailer has plans to open in Canada beginning in 2013.  However, the owner of the Canadian trade-mark registration, such ownership dating back to 2002,  had begun operating a series of stores in 2010 Canada.  The ongoing battle has been commented on frequently as an example of the importance of policing key trademarks in foreign jurisdictions.

The Globe and Mail is reporting on February 2, 2012 that a settlement has now been reached.  The details are not known, but it is suggested that the settlement may be worth millions of dollars to the Canadian owner, who must cease all use of the TARGET trademark by January 31, 2013.

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