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Converse Suit Dropped Amid Licensing Talks

Law360 (January 5, 2007, 12:00 AM EST) -- A subsidiary of Nike Inc. has reached a settlement with a group of university fraternities and sororities that accused the sporting-goods giant of infringing their trademarks to sell its so-called “Greenpak” line of shoes.

A motion to dismiss the case was filed by the Greek groups in December and was granted on Jan. 3—three years after they accused Nike’s Converse Inc. unit of illegally using their colors and founding years on shoe designs.

According to court papers, Converse agreed that the fraternities and sororities are the...
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