The United States Polo Association Inc., the governing body of the sport of polo in the United States since 1890 announced that the United States District Court in the Southern District of New York has granted its motion to dismiss a lawsuit brought by Ralph Lauren Corporation (RLC) and its subsidiaries, PRL USA Holdings, Inc. (PRL) and Polo/Lauren Company, L.P. (PLC), against the USPA and its licensee Arvind Ltd.
The lawsuit, which was filed by RLC in October 2013, is related to trademark litigation that has been underway since 1984 between the USPA and RLC-and the use of certain names, logos and trademarks in connection with the USPAs production and marketing of merchandise. In 2003, the USPA and RLC and its subsidiaries executed a settlement agreement that defined the terms under which the USPA has the right to market its products. In granting the USPAs motion to dismiss RLCs lawsuit, the SDNY upheld the terms of the settlement agreement-in which RLC conceded the legitimacy of the USPAs Double Horseman trademarks and agreed that any disputes concerning the use of those trademarks should be resolved in arbitration.
We are extremely pleased with the Courts ruling on multiple levels. said W. David Cummings, President and Chief Executive Officer of USPA Properties, Inc., a wholly owned subsidiary of USPA and its licensing arm. It is yet another judicial decision which validates the settlement agreement under which the parties have co-existed for more than 10 years, and which recognizes Ralph Laurens agreement that the USPA may use its Double Horsemen trademarks.
Mr. Cummings continued, We believe Ralph Laurens underlying claims are both unnecessary and meritless. We have marketed our merchandise legally under our pre-existing agreement with Ralph Lauren-and have strict policies and procedures in place to ensure that our international licensees also abide both those parameters. We are confident in our position should Ralph Lauren elect to move forward with arbitration.
