Search
 

El-Ad Group Victorious in Plaza Name Trial

LAS VEGAS-A jury finds that the owner of the historic Plaza Hotel in New York City, which is planning a multi-billion dollar version of the property on the Las Vegas Strip, has senior trademark rights.

By Brian K. Miller | Updated on October 07, 2008

LAS VEGAS-El-Ad Group, owners of the Plaza Hotel in New York City and would-be developer of a multi-billion dollar resort on the Las Vegas Strip with the same branding, has emerged victorious from a jury trial over its use of the name. The Israel-based conglomerate was sued by Tamares Real Estate, the Lichtenstein-based owner of a low-budget hotel in Downtown Las Vegas that has also used the word Plaza for its hotel.

The jury was asked by Eighth Judicial District Court Judge Elizabeth Gonzalez to determine whether Tamares or the previous owners of the existing Plaza hotel in Las Vegas had proven that they had used the name before 1986, which is when the previous owners of the Plaza Hotel had obtained its federal trademark registrations. “The answer was no,” a source with the Court tells GlobeSt.com. Online access to the lawsuit has been restricted since it went to trial.

“The new Plaza Las Vegas will occupy a magnificent complex in a prime location on the Strip–building on the traditions and heritage of its iconic namesake, the Plaza Hotel in New York,” El-Ad Group president Mike Naftali said in a prepared statement. The 34.5-acre development is currently slated to open in 2012 across from Wynn Las Vegas.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.