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The company that makes Omega and Swatch watches cannot escape a settlement by refusing to sign a pact negotiated on the eve of trial by a fully authorized company official, the 2nd Circuit has ruled, resolving a dispute between two companies with trademark rights to the word "Omega" or the corresponding Greek letter. More importantly, Judge Richard J. Cardamone wrote that the court felt it would be "helpful" to the bar to comprehensively lay out the rules governing the settlement agreement's enforcement.
January 03, 2006 at 12:00 AM
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The original version of this story was published on Law.Com
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