As Amended on Denial of Rehearing and Rehearing En Banc October 25, 2004.
OPINION
McKEOWN, Circuit Judge:
This intellectual property case pits the sport of extreme kayaking against the iconic American timepiece, Timex. In an effort to update its image, Timex Corporation ("Timex") arranged with Polar Bear Productions ("Polar Bear") to produce film footage featuring some of the stars of whitewater kayaking, paddling through exotic locales in North...
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