Friday, June 28, 2013
AUGUSTA, Ga. (WRDW) -- A settlement has been reached in the lawsuit filed by a Virginia university over the name of the "New U."
Regent University in Virginia filed a lawsuit in September 2012, saying GRU's name violated its trademark.
The agreement allows the Board of Regents to use the name Georgia Regents University.
"At the time the Board of Regents approved the name Georgia Regents University, it was our conclusion that we had the right to use the name. This agreement confirms this conclusion and allows each university to promote and protect its name and brand," said University System of Georgia Chancellor Hank Huckaby in a news release.