Nikon Corp and Nikon Inc. on October
11, 2013 sued Sakar International Inc. in the United States District Court for design patent infringement and trade dress right infringement arising from Sakar’s Polaroid iM1836 digital camera, which was similar to the Nikon 1 camera. Shortly thereafter, Nikon moved for a preliminary injunction to stop the sales and advertising of the Polaroid iM1836 digital camera. After appearing before the court, Sakar and Nikon agreed on terms of a preliminary injunction, which was announced by Nikon on December 6, 2013. As part of the injunction issued by the court, Sakar will no longer manufacture, import, advertise, promote, offer for sale or ship the Polaroid iM1836 digital camera in its present configuration.