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Still OK to use "Green"
Year Published: 1992Resource Type: Article Cx Number: CX4463 Abstract: The Toronto Dominion Bank has lost the first battle in its effort to claim ownership of the word "green". The TD Bank has launched legal action against Canada Trust to stop Canada Trust from using the word "green" to promote its environmental initiatives. The TD Bank registered "green" as a trademark in 1978. TD was seeking an immediate injunction to stop Canada Trust from using "green" in its promotions, but this was denied by a federal court judge, who ruled this was not an emergency situation. TD is continuing legal action and is asking for $55 million from Canada Trust, claiming that Canada Trust is causing confusion among consumers and financial loss to the TD Bank. |