Questions from Business Law

Q: Re/Max International, Inc. (Re/Max),

Re/Max International, Inc. (Re/Max), is the owner and licensor of Re/ Max trademarks and sells Re/Max franchises. Re/Max, through a subfranchisor, granted a franchise to Re/Max Midtown to operate a Re...

Q: Southland Corporation (Southland) owned the 7-Eleven trademark and

Southland Corporation (Southland) owned the 7-Eleven trademark and licensed franchisees to operate convenience stores using this trademark. Each franchise is independently owned and operated. The fran...

Q: Ramada Inns, Inc. (Ramada Inns), is a franchisor

Ramada Inns, Inc. (Ramada Inns), is a franchisor that licenses franchisees to operate motor hotels using the Ramada Inns trademarks and service marks. In August, the Gadsden Motel Company (Gadsden), a...

Q: Lawrence Gaffney was the president and general manager of Ideal Tape Company

Lawrence Gaffney was the president and general manager of Ideal Tape Company (Ideal). Ideal, which was a subsidiary of Chelsea Industries, Inc. (Chelsea), was engaged in the business of manufacturing...

Q: Kawasaki Motors Corporation (Kawasaki), a Japanese corporation, manufactures motorcycles

Kawasaki Motors Corporation (Kawasaki), a Japanese corporation, manufactures motorcycles that it distributes in the United States through its subsidiary, Kawasaki Motors Corporation, U.S.A. (Kawasaki...

Q: Jeffrey Sammak was the owner of a contracting business known as Senaco

Jeffrey Sammak was the owner of a contracting business known as Senaco. Sammak decided to enter the coal reprocessing business. Sammak attended the Coal Show in Chicago, Illinois, at which he met repr...

Q: Hutchinson Baseball Enterprises, Inc. (Hutchinson, Inc.), was

Hutchinson Baseball Enterprises, Inc. (Hutchinson, Inc.), was incorporated under the laws of Kansas. Some of the purposes of the corporation, according to its bylaws, were to “promote, advance, and sp...

Q: Leo V. Mysels was the president of Florida Fashions of Interior

Leo V. Mysels was the president of Florida Fashions of Interior Design, Inc. (Florida Fashions). Florida Fashions, which was a Pennsylvania corporation, had never registered to do business in the stat...

Q: Martin Stern Jr. was an architect who worked in Nevada.

Martin Stern Jr. was an architect who worked in Nevada. Nathan Jacobson asked Stern to draw plans for Jacobson’s new hotel/ casino, the Kings Castle at Lake Tahoe. Stern agreed to take on the project...

Q: Commonwealth Edison Co. (Commonwealth Edison), through its underwriters,

Commonwealth Edison Co. (Commonwealth Edison), through its underwriters, sold 1 million shares of preferred stock at an offering price of $100 per share. Commonwealth Edison wanted to issue the stock...