Due Diligence Matters
by Pamela Chestek • September 27, 2010 • trademark
Pacific Coast Trailers, LLC v. Cozad Trailer Sales, LLC is a tale of failed due diligence. Reliance Trailer Manufacturing Corp. (“Reliance Mfg.”) owned the trademarks RELIANCE, STURDYWELD, ALLOY and COMET. It assigned the latter three, but not RELIANCE, to a sibling company, Reliance Trailer Co., LLC (“Reliance LLC”). Reliance LLC defaulted on some loans...
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