28 Jul, 2010, 07.26PM IST,AGENCIES
Buffett's Dairy Queen chilly on frozen yogurt lawsuit
NEW YORK: It's a case that has left Warren Buffett's Dairy Queen business cold. International Dairy Queen Inc, the ice-cream company owned by the billionaire investor's Berkshire Hathaway Inc, has asked a court to stop a southern California rival from selling a frozen yogurt with a name similar to Blizzard, its biggest-selling menu item.
Yogubliz Inc had on May 17 filed a lawsuit seeking an order that would "eliminate any doubt" its sale of Blizzberry and Blizz Frozen Yogurt products did not infringe any Dairy Queen trademark and was not likely to confuse customers. To read the entire article: http://economictimes.indiatimes.com/International-Business//articleshow/6228795.cms
Tuesday, July 13, 2010
3 Greek Gods yogurt bought by Hain Celestial
Puget Sound Business Journal (Seattle) - by Steve Wilhelm
Just seven years after three Seattle area men of Greek origin formed yogurt company
3 Greek Gods LLC, they’ve sold it to the
Hain Celestial Group Inc.
Hain (NASDAQ: HAIN), a large, publicly traded natural foods company located in Melville, N.Y., didn’t reveal the purchase price, but Greek Gods generated $10 million in revenues in 2009.
Friday, July 2, 2010 | Modified: Wednesday, July 7, 2010
Frozen yogurt franchisee sues chain, rebrands his two shops
Texas-based Red Mango leaves Hawaii, suit heads to federal court
Pacific Business News (Honolulu) - by Linda Chiem Pacific Business News
A popular frozen yogurt franchise company has pulled out of the Hawaii market over a dispute with the local franchisee that has prompted a federal lawsuit and a rebranding of two Oahu stores.
Red Mango, the self-described pioneer of the North American frozen yogurt boom of recent years, opened its first Hawaii store at Waikiki Beach Walk in September 2008 and its second at Kahala Mall in August 2009.
But now, Alex Choi, the Hawaii franchisee, is suing Red Mango and its founder, Daniel Kim, accusing them of misrepresenting their business arrangement and collecting hundreds of thousands of dollars in fees only to renege on the promise of a real franchise agreement for Hawaii, according to Choi’s lawsuit, filed in 1st Circuit Court on Feb. 16 and later transferred to federal court.
To continue reading go to:
http://pacific.bizjournals.com/pacific/stories/2010/07/05/story8.html
