Caribana trademark lawsuit settled The Caribana Arts Group settles a lawsuit against the Festival Management Committee and Scotiabank. May 14, 2014 2 min read Save Knia Singh, right, chair of the Caribana Arts Group, and board member Henry Gomez speak at a news conference Wednesday announcing the settlement of a trademark infringement lawsuit. PATTY WINSA / TORONTO STAR By Patty Winsa Data Reporter The Toronto community organization that founded Caribana has settled an $800,000 trademark infringement lawsuit against Scotiabank and the Festival Management Committee (FMC), which now runs the event, for an undisclosed amount. The Caribana Arts Group launched the suit in 2011, alleging the bank and FMC violated the trademark when it “named and advertised the festival as the ‘Scotiabank Caribana Festival,’ ” beginning in 2008. Despite repeated requests by the group, according to a statement of claim, the committee continued to use the trademarked name even aft...