Dive Summary:
- Georgia Regents University will be allowed to continue on with that name following a settlement in a trademark infringement lawsuit brought against the Georgia Board of Regents by Virginia-based Regent University.
- Regent, a private religious university that trademarked its name as early as 1990, filed the trademark infringement and unfair competition suit in U.S. District Court in Augusta with the intent of not only preventing the use of the name, but for damages it says it already sustained.
- While details of the settlement weren't available Friday, Georgia university system spokesman John Millsaps says no money changed hands.
From the article:
... “At the time the Board of Regents approved the name Georgia Regents University, it was our conclusion that we had the right to use the name. This agreement confirms this conclusion and allows each university to promote and protect its name and brand,” said University System of Georgia Chancellor Hank Huckaby. “We are pleased to move forward in the development of GRU as an institution that will continue to make significant and lasting contributions to Augusta, the state, nation and beyond.” ...