Diamond Rings

NEW YORK — A federal court in New York ruled that Tiffany & Co. will be taxed $147,000 for Costco’s costs for bonds arising from the jewelry company’s trademark claims against Costco’s use of the word “Tiffany” on point-of-sale signs for diamond engagement rings. While a district court awarded Tiffany more than $21 million for damages, the Second Circuit vacated that judgment. 

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