Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Kraft Heinz has been involved in a legal dispute against a small business owner in Louisiana, and the court sided with the American food giant. The case was brought to the U.S. court of appeals, and now it was reported that the case had been revived.
Kraft Heinz was sued by the supposed creator of the “Metchup,” which is a condiment that mixed ketchup and mayonnaise. The Louisiana businessman who owns a nine-room motel in Lacombe is fighting for the trademark of the product since the company released its “Mayochup” in 2018.
The revival of the case
With Kraft Heinz selling the condiment that he invented, it was said that he might get consideration for his “Metchup” trademark if the case is tried again after a review. As per Fox Business, in the initial trial, the court determined that the inventor can’t sue the company for selling a similar product this is because the consumers will not misperceive Mayochup, which is available in groceries nationwide.
Still, Dennis Perry’s Metchup that he sells in his motel is thought to be the original ones. He was said to be producing 60 bottles and selling at least 34. He said that Kraft Heinz revamped Metchup’s packaging and sold it in groceries with million sales, so he filed a case.
With this, the judges reportedly ordered a reexamination of the case to see if the court can cancel his trademark registration since Kraft Heinz “had not met its heavy burden to show that Perry deserted his Metchup trademark.”
For this decision, the court was said to have returned the case to the New Orleans federal judge for review. It was the 5th U.S. Circuit Court of Appeals that has made this order. The initial decision to throw out Perry’s case was welcomed by Kraft Heinz, but it seems it may still return to court if there will be a change in the verdict.
Perry’s side hoping for a reversal of verdict
Reuters reported that Perry’s attorney, Brad Harrigan, is happy for the partial overturn of the decision at the court of appeals. While Kraft Heinz is confident that the case will retain the original verdict, there is still a chance it will be tried again, and a different ruling may be possible.
Meanwhile, Dennis Perry sued Kraft Heinz when he discovered that the company launched its Mayochup condiment. This is the same blend of mayonnaise and ketchup, and the brand’s ad also used a mock-up “Metchup” bottle in its ad campaign to name the new condiment mix’s flavor.
