In what might be a "David vs. Goliath" case, Alabama Aircraft, which performed maintenance on the Boeing KC-135 planes for decades, is suing the world's largest manufacturer of commercial planes claiming Boeing stole its proprietary data. The complaint states that it was their proprietary data that helped the Boeing Company secure $1.3 billion in Air Force maintenance contracts for the KC-135 planes. Boeing Company has facilities in Colorado Springs, Colorado.
In 2007, Denver-based Icon Burger began using the trade name "Smashburger" knowing the name belonged to a Kentucky company called Dairy Cheer. Since Dairy Cheer was only using the trademark name locally, there had been no issues with both companies using it. Until that is, Icon Burger wanted to expand operations into the Lexington, Kentucky market.
Last week the House and senate passed bipartisan legislation called the Jumpstart Our Business Startups Act that will help jumpstart the United States economy. The U.S. venture capital industry has been in decline for the past ten years and this legislation will be important in reinvigorating American innovation and increasing business startups.
Although Tim Tebow is no longer a Denver Broncos quarterback his name is still a hot commodity among apparel buyers, according to a new lawsuit filed by Nike Inc. Shortly after the quarterback was traded to the New York Jets, Nike replaced Reebok as the supplier of the National Football League team uniforms. The lawsuit claims that Reebok International Inc. used Tebow's name on New York Jets team apparel without licensing permission.