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A shoe company calling itself Lebron Jordan Incorporated (LJI) is suing NBA megastars LeBron James (pictured left) and Michael Jordan (pictured) for costing them a major deal.
According to the lawsuit, both LeBron and Jordan had their representatives at Nike and Live Nation threaten to sue LJI unless they put a halt on a line of basketball shoes they had marketed under the name Lebron Jordan. This action allegedly put the kibosh on a $900 million deal that LJI had in the works.
LJI's CEO Aaron Fraser insists that the company's name is in no way related to Michael Jordan or LeBron James, because his godsons, who just happened to be named Lebron and Jordan, are his company's namesake.
In addition, after reportedly researching the U.S. Trademark database, LJI says that their chosen name isn't registered:
"You could not even find that name combination on Google," according to LJI. "The negative press surrounding the threatened action against us has caused us to lose a multimillion-dollar deal in addition to declining sales because of the assumption that we have infringed on their respective trademarks," the company states in its lawsuit.
Comments: (5)
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By: arriethom1 on 3/10/2011 5:19PM
There representative only threatened to sue the company, how is that infringing on their business. We have a right to sue in this country. That lawsuit is baseless.
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By: stufferakron on 5/22/2011 1:26PM
I hope they get what they deserve, NOTHING!
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By: francas on 3/13/2011 2:16PM
in responce to the Arrie aand the other fellow , when firms go into contract there has to be no pending litigation or thoughts of any. Jordan and King James didn't have any right to the names and could be responcible for financial loses that the company has suffered if it is honest of course
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By: loydie moliere on 3/14/2011 1:45AM
I think this deal is really good for megastar LeBron James,its also good news for sports industry,I think James is deserve it..!
http://www.articlesbase.com/weight-loss-articles/skinny-fiber-way-to-get-best-figure-4395441.html
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By: Danzinger on 3/14/2011 12:32PM
Please!! If I was LJ and MJ I would sue the h**l out these fools. You know you can not make a shoe brand with these two names on it come on now!! This smells like China all over it. This is the place they manufacture athletic shoes and think piracy and counterfeit of goods is real business. Get out of here with this bs.
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