On September 29, Orange County Superior Court Judge David C. Valasquez presided over a settlement hearing between C&C Partners LTD and R…And Everything Else Inc. The settlement comes after a long, complicated dispute over the licensing rights of Rusty branded apparel and accessories in the United States [CLICK HERE for complete background information on the issue].
According to R Dot President Geoff Backshall, having the settlement behind them will allow the company to invest more time and resources into growing the brand globally.
“It was a confidential settlement and an amicable result for everybody,” says Backshall. “The settlement is contractually confidential, and that’s why nothing can be disclosed in relation to the details of it. But what I can say is that we’re really pleased with the result, and we’re looking forward to getting on with business and putting our resources, time, and efforts into something a little more productive.”
For up to the minute updates on this story, stay tuned to Transworld Business—The Leader In Boardsports News And Information.
Here are the Case Summary Documents courtesy of The California Superior Court County Of Orange. To zoom in, click on images. Please read information disclaimer below.