Assembly Bill A2523

2023-2024 Legislative Session

Provides for remedies for trademark dilution

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-A2523 (ACTIVE) - Details

See Senate Version of this Bill:
S4718
Current Committee:
Assembly Economic Development
Law Section:
General Business Law
Laws Affected:
Amd §360-l, Gen Bus L
Versions Introduced in Other Legislative Sessions:
2015-2016: S3793
2017-2018: A6460, S4107
2019-2020: A1765, S1585
2021-2022: A3879, S5195

2023-A2523 (ACTIVE) - Summary

Provides for remedies for trademark dilution; allows the court, in its discretion, to enter judgment for an amount of three times such profits and damages and/or reasonable attorneys' fees of the prevailing party.

2023-A2523 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2523
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 26, 2023
                                ___________
 
 Introduced  by M. of A. VANEL -- read once and referred to the Committee
   on Economic Development
 
 AN ACT to amend the general business law, in relation  to  remedies  for
   dilution
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Section 360-l of the general  business  law,  as  added  by
 chapter 319 of the laws of 1996, is amended to read as follows:
   § 360-l. Injury to business reputation; dilution. Likelihood of injury
 to  business  reputation  or of dilution of the distinctive quality of a
 mark or trade name shall be a ground for injunctive relief in  cases  of
 infringement  of  a  mark  registered  or  not registered or in cases of
 unfair competition, notwithstanding the absence of  competition  between
 the  parties  or  the  absence of confusion as to the source of goods or
 services. THE COURT, IN ITS DISCRETION, MAY ENTER JUDGMENT FOR AN AMOUNT
 THREE TIMES SUCH PROFITS AND DAMAGES AND/OR REASONABLE  ATTORNEYS'  FEES
 OF THE PREVAILING PARTY.
   § 2. This act shall take effect immediately.
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06214-01-3



              

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