Monday, October 20, 2008

GE v Nantucket

G.E. accused Nantucket funding LLC of having falsely representated a connection or sponsorship with their company which has led to consumer confusion. The complaint is available here. The specific allegations include:
  • Lanham Act Sec. 32(1) - Trademark infringement,
  • Lanham Act Sec. 43(a) - Unfair competition and false designation of origin,
  • Lanham Act Sec. 43(c) - Dilution & tarnishment
  • N.Y. Gen. Bus. Law Sec. 360-1 - Dilution
  • N.Y. Gen. Bus. Law Sec. 349- Unfair and deceptive trade practices
  • Common Law - Unfair competition

Though the link is unavailable currently, the problem is clear from this writeup that appears after a basic google search for the defendants.

"Hard Money LenderNantucket Funding LLC operates a division of G.E. Capital Group as a nationwide private real estate investment firm that provides short term asset based ...www.nantucketfunding.com/ - 33k - Cached - Similar pages - Note this"

The defendants, G.E. claims are involved in a financial scam while depicting themselves to be a subsidiary of G.E. This is causing irreperable harm to G.E.'s business reputation.

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