Article: CoolBrands files $360 million lawsuit against Weight Watchers International for breaching licensing agreement.

Seeks Redress from Weight Watchers and Wells Dairy for Tortious Interference with CoolBrands' business

CoolBrands International Inc. (TSX: COB.A) today announced that it has filed a lawsuit against Weight Watchers International Inc. and Wells' Dairy in response to their violation of Weight Watchers' binding, exclusive Master License Agreement ("MLA") with CoolBrands. That Agreement confers upon CoolBrands the exclusive right to use the Weight Watchers trademark in connection with the manufacture, sale and distribution of ice cream and frozen novelty products until September 28, 2004. Additionally, after that time the Agreement confers upon CoolBrands a ...

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