NY, Tavern On The Green Spar Over Name Rights

Law360, New York (October 22, 2009, 4:50 PM ET) -- New York City and the bankrupt operator of its famed Tavern on the Green have launched competing lawsuits attempting to claim ownership of the Central Park restaurant’s name, valued at as much as $19 million and the largest asset in the company’s bankruptcy estate.

The city and bankrupt affiliates Tavern on the Green LP and LeRoy Adventures Inc. filed complaints Wednesday in the U.S. Bankruptcy Court for the Southern District of New York. Each is seeking judgment that it is the rightful owner of intellectual property...
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