Industry News

RE/MAX and LendingTree settle trademark lawsuit

Online company denies wrongdoing

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RE/MAX International and LendingTree have settled a trademark infringement lawsuit brought by RE/MAX in September 2003 against LendingTree.   Terms of the settlement were not disclosed.   The complaint, filed in U.S. District Court in Denver, accused LendingTree of improperly using the RE/MAX trademark to lure consumers to its real estate agent referral service. The suit alleged that LendingTree's Web site created the false impression that LendingTree represents the entire RE/MAX network and that RE/MAX and other major real estate franchisors have aligned themselves with one another to create LendingTree's agent locator service.   LendingTree opposed RE/MAX International's claims that it improperly used RE/MAX's trademarks to describe members of its realty services network and denies that it engaged in any wrongdoing.   "LendingTree believes that it has always conducted itself properly and has entered into this settlement in order to avoid the continuing cost of lit...