Courts fine the famous ‘Buda Bar’ 370,000 euros.
“FINAL JUDGMENT / The Community Trademark Court imposes its highest penalty for copying a French logo in bad faith. The premises have to close or change their name”.
Compensation for damage to image.
Opinion. Lara Foncillas.
“The importance of the judgment is the increased protection given to holders of well-known trademarks, reflected in the fact that the compensation ordered against the infringers is the highest awarded to date by the Spanish Community Trademark Court. The judgment takes into account the actions of the holder to ensure its trademark is widely known and enjoys high prestige: advertising investment, widespread use, appearance in the media, merchandising, creation of new concepts, etc.
Well-known trademarks thus involve large investments and also the need for comprehensive controls to avoid dilution of exclusive image rights”.
Expansión, 28 May 2009.