Judge Frees Borders From Seattle's Best Contract

Law360, New York (June 2, 2011, 1:49 PM EDT) -- A New York bankruptcy judge on Thursday gave Borders Group Inc. permission to extend its exclusivity period while it courts potential buyers and break a licensing agreement with Seattle's Best Coffee LLC despite the coffee chain's intellectual property worries.

U.S. Bankruptcy Judge Martin Glenn allowed Borders to reject its licensing agreement with Seattle's Best, which operates cafes in many of the bookseller's stores, as long as changes are made to the order to reflect the Starbucks Corp. unit's concerns about residual trademark and trade dress use...
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