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Abbott Wins Trust Asset Freeze To Collect $33M In TM Fight

By Dorothy Atkins (July 18, 2024, 10:58 PM EDT) -- A New York federal judge has agreed to freeze trusts tied to a couple who owe Abbott Laboratories $33.4 million in sprawling trademark litigation over gray-market diabetes test strips, finding an asset freeze is necessary due to the defendants' "pervasive and repeated" use of the trusts for personal expenses and gambling....

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