Frisby Spain won trademark dispute in Europe against Frisby Colombia and demands millionaire compensation
The business dispute over the Frisby brand added a new chapter this Friday, March 27, when Frisby Spain managed to prevail in the legal dispute with...
TL;DR
- Frisby Spain has won the right to use the Frisby brand in Europe.
- Frisby Spain is demanding €500,000 for operational suspension, €200,000 in estimated profits, and restitution of profits gained by Frisby Colombia due to media exposure.
- The Spanish court ruled that Frisby Colombia's claim of brand notoriety in Spain was based on insufficient evidence (Colombian statistics vs. general public).
- Frisby Spain argues Frisby Colombia benefited from the media attention surrounding the legal conflict, boosting its own brand.
- A previous suspension of Frisby Spain's opening in Alicante was appealed and the company claims its business plan is intact, with 12 restaurants planned for Spain.
- Frisby Spain's gastronomic concept will differ from the Colombian one, incorporating global dishes.
- Frisby Spain claims prior attempts at negotiation with Frisby Colombia failed.