From Wikinews, the free news source you can write!
Page version status
The page has not been checked
There are no reviewed versions of this page, so it may not have been checked for adherence to standards.
Friday, March 25, 2005
A U.S. District Court in Tarrant County, Texas, issued a summary judgment Thursday against Circuit City's InterTAN Inc., requiring all 950 RadioShack stores in Canada to stop using the RadioShack brand in store signs, packaging, products and advertising after June 30.
RadioShack's Canadian operations were spun off in 1986 to a new corporation, InterTAN Canada, which was purchased in 2004 by RadioShack's major U.S. competitor, Circuit City. Shortly thereafter, RadioShack sued InterTAN, alleging it had violated the terms of their licensing agreement and seeking the right to terminate the contract early.
In a statement released following the judge's ruling, RadioShack's general counsel, Mark Hill, claimed: "The most important thing to us was to protect our brand position in Canada."
Circuit City chairman and chief executive officer, W. Alan McCollough responded today in a press release seeking an appeal: "We respectfully believe the court has erred in the partial ruling entered yesterday and we will use every means of relief possible to exercise our rights under the agreements, including all appeal rights. The Company believes the positions taken by InterTAN are correct and believe InterTAN will ultimately prevail in the legal proceedings."
This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.
Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.
Note that some listed sources or external links may no longer be available online due to age.
This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.
Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.
Note that some listed sources or external links may no longer be available online due to age.
