CoolBrands International is a company based in Toronto, Ontario, Canada, that makes frozen desserts, sold under a variety of brands. Motto: Diversity Our Strength Map of Ontario Counties, Toronto being red Area: 641 sq. ...
CoolBrandsInternational, Inc. has filed a lawsuit against Weight Watchers International, Inc. and Well's Dairy, seeking $360 million in damages over an alleged breach of a licensing agreement.
Coolbrands, the maker of Eskimo Pies, said the deal includes the right to continue to use the trademark to sell out inventory through Sept. 28, 2005.
The CoolBrands lawsuit alleges that Weight Watchers unlawfully entered into a licensing agreement with Well's Dairy in July, violating an agreement that it would not enter into future licensing agreements for its Weight Watchers trademark on frozen novelties and ice cream until the CoolBrands deal expired this September.
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