Foster Poultry Sues Bankrupt Rival Over Trademark Deal

Law360, New York (November 21, 2012, 6:04 PM EST) -- Foster Poultry Farms filed suit in California bankruptcy court Wednesday against debtor Zacky Farms LLC, whose chicken-related assets it bought in 2001, alleging the company breached a trademark agreement and engaged in unfair competition by later selling chicken under the Zacky Farms name.

According to the complaint, as a key component of the “complex, multimillion-dollar” 2001 transaction, Zacky Farms agreed not to use the trademark for chicken sales after the closing of the deal, and it followed that agreement for the following 11 years. However, it's...
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