Bridgestone ordered to pay $5 million in damages in RIVERSTONE case

The Civil Chamber of the Supreme Court of Justice has ordered Bridgestone Corporation and Bridgestone Licensing Services Inc to pay, jointly and severally, $5 million in damages to Muresa and Tire Group of Factories Ltd Inc. The court found that the filing by Bridgestone of an opposition which had resulted in the cessation of the commercialisation of products under the RIVERSTONE mark had been made in bad faith and in a hasty manner.