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Article: Guy's trademarks lawsuit settles for $1.3 million in federal court in Kansas City
- Article from:
- Missouri Lawyers Media
- Article date:
- September 18, 2009
- Author:
CopyrightCopyright 2009 Missouri Lawyers Media. Provided by ProQuest LLC. (Hide copyright information)
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At least one of the lawsuits over Guy's snack food brands is
over.
A federal judge in Kansas City on Wednesday dismissed a trademark
lawsuit over the brands after approving a settlement Aug. 27. FlyBy
Capital, a company formed to buy brands including Guy's, Krunchees
and Tortz, reached the agreement with the trustees for the bankrupt
Heartland Snacks, the former owner of the trademarks, and its
holding company.
Heartland Snacks had sold the rights to the trademarks to FlyBy
Capital in December 2006 for $2.5 million, with $580,000 to be paid
up front to Heartland and another owner and the rest to be paid in
monthly royalties. But Heartland principal Mark Stisser transferred
the brands back to ...