Naylor: Settled with ExxonMobil over Esso Watches trademark and closed business
Ryan Naylor · The Truth About Shark Tank They Edit Out Before It Airs · Jan 8, 2021 · at 31:12
Ryan Naylor, founder of VIVAHR, discusses legal battles he faced after appearing on Shark Tank, specifically a trademark infringement lawsuit from ExxonMobil regarding his brand Esso Watches.
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“And they felt that I was infringing on their trademark. I obviously didn't think that I'm selling a fashion accessory. They sell petroleum quite different. And The cost to defend myself in that really took us down a path that a side business couldn't support and didn't need to support. So we ultimately settled with them and shut down operations.”
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