CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
PARTNER
CENTER

Porsche Cayman vs. Crocs Cayman

The German sports car maker takes issue with shoe company's use of the Cayman name.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
By Peter Valdes-Dapena, CNNMoney.com senior writer

porsche_crocs.03.jpg
The $51,000 Porsche Cayman vs. Crocs $30 Cayman

Find your next Car


NEW YORK (CNNMoney.com) -- Can you tell the difference between a plastic shoe and a luxury sports car?

Porsche, the famed German car company, is entangled in a legal spat with Crocs, the maker of rubber shoes. At issue: The shoe company's use of the name Cayman for a line of footwear.

Porsche also has a product called the Cayman, and it claims that Crocs' (CROX) use of the name infringes on Porsche's trademark.

In Porsche's case, the Cayman is a two-seat hard-top sports car with a starting price of about $51,000. Crocs' Cayman is the familiar rubber clog with thick soles, holes covering its upper surfaces and a starting price of about $30 a pair.

The blog Footnoted.org spotlighted the quirky legal fight this week after finding it disclosed in the fine print of Crocs' most recent quarterly report, which Crocs filed last week.

Crocs Europe, a division of the Niwot, Colo.-based shoe company, received a letter from Porsche on May 11 claiming that the Crocs' use of the Cayman name violated Porsche's trademark rights. Porsche demanded that Crocs immediately stop using the name, and also requested payment for the legal costs incurred in writing the cease-and-desist notice.

That was followed on July 30 by an injunction against Crocs Europe's use of the Cayman name in Germany.

"The company intends to vigorously defend itself against these claims," Crocs said in its quarterly filing.

Neither Crocs nor Porsche was immediately available to respond to a request for comment on the legal spat. To top of page

Features
Markets Last Change
Dow Jones 10,366.15 -86.53 / -0.83%
Nasdaq 2,173.14 -11.89 / -0.54%
S&P 500 1,099.92 -9.32 / -0.84%
10-year Bond 99 31/32 Yield: 3.37%
U.S.Dollar 1 euro = $1.507 0.001
December 3, 2009 12:00 AM ET
CompanyPrice% Change
Principal Financial Group Inc 22.62 -12.93%
Advanced Micro Devices Inc 8.09 10.82%
Comcast Corp Cl A Special 15.30 7.90%
Family Dollar Stores Inc 28.47 -7.35%
Dec 3 3:53pm ET †
More Galleries
Women of power Shot during the Fortune Most Powerful Women Summit, these portraits showcase some of the world's most influential leaders. Photographs by Robyn Twomey. More
Class of '09: They got jobs! In August, CNNMoney asked nine recent grads about their job search. Six months after graduation, all of them are working at least part-time. More
6 green cooks These culinary powerhouses use sustainable, locally grown produce to bring their dishes to the next level. Meet a half dozen under 40, chosen by the Mother Nature Network. More

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.