TANK SUIT SETTLED: Cartier and Oakley agreed to a final judgment on consent in a trademark lawsuit that was filed last year in Manhattan federal court. The lawsuit was originally filed by Cartier, a division of Richemont North America, and Cartier International over Oakley's use of the word trademark "Tank" on watches. According to court documents filed on March 26, Cartier and Oakley agreed to settle the case without any admission of liability and entered into a settlement agreement. Under the terms of the agreement, Oakley had until Feb. 15 of this year to give its Oakley Time Tank watches a new name. Oakley is restrained by the judgment from using the Tank Trademark or its Oakley Time Tank designation on watches or other goods. Cartier has held a registered trademark for Tank watches since 1975. No financial damages were awarded in the judgment.

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