Omega Drops 'Gray Market' High Court Case Against Costco

November 12, 2015Article

Law360, New York (November 12, 2015, 9:27 PM EST) -- Watchmaker Omega has ended its decadelong copyright lawsuit against retail giant Costcoover so-called “gray market goods,” voluntarily dropping a bid for a second trip the U.S. Supreme Court.

Omega SA voluntarily dismissed its petition asking the high court to overturn a January ruling by the Ninth Circuit in favor of Costco Wholesale Corp., finally putting to rest a case filed in 2004 over “gray market” Omega watches — authentic items that Costco legally purchased overseas but then imported and sold in the U.S. against the watchmaker's wishes.

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