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Cosmopolitan is the issue
Why would the Hearst Corporation, a magazine publishing company, be suing the developer of a resort-casino in Las Vegas?
All in a name.
“The Hearst suit alleges the defendants are seeking to trade off of the publisher’s famous, long-established family of marks…and [the defendant] has stated its intention to use those marks in connection with goods and services that are the same as or related to the goods and services to which the public associates the marks with [Hearst Communications Inc.],” says Women’s Wear Daily.
The resort on the Las Vegas Strip is on track to open in late 2009 and will feature over 2,200 condo-hotel units, 800 hotel rooms under the Grand Hyatt flag, retail and restaurant space and a beach club.
Hearst is seeking punitive damages of at least $500,000.
Report by David Wilkening
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