Two Reese's Work out Suit Deal Eateries with Same Name Settle Suit, Keep Monikers
Keeshan, Charles, Daily Herald (Arlington Heights, IL)
Byline: Charles Keeshan Daily Herald Staff Writer
Minutes before their ongoing dispute was scheduled to go to trial, the owners of two Algonquin-area restaurants struck a deal Monday ending their lengthy legal battle over their businesses' nearly identical names.
The agreement, reached during a flurry of last-minute negotiations, will allow both Reese's Restaurant in Algonquin and The Original Reese's Restaurant in Lake in the Hills to keep their respective names.
However, the Lake in the Hills business will make some adjustments in its signs, menus and advertising aimed at reducing what the owners of the Algonquin Reese's call business-damaging confusion among customers.
"All along, their major concern was the similar names and the potential for confusion it causes," said Jeffrey Krajewski, attorney for Algonquin Reese's owners James and Lois Lendemann. "They felt this goes a long way toward ending that confusion."
The Lendemanns sued Daniel and Carole Reese, owners of The Original Reese's Restaurant, last year, claiming they violated a deal originally struck in 1988 when they sold them the Algonquin Reese's.
According to the Lendemann's $200,000 lawsuit, part of the deal included a no-compete clause that barred the Reese family from opening another restaurant in the …
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Publication information: Article title: Two Reese's Work out Suit Deal Eateries with Same Name Settle Suit, Keep Monikers. Contributors: Keeshan, Charles - Author. Newspaper title: Daily Herald (Arlington Heights, IL). Publication date: October 1, 2002. Page number: 1. © 2009 Paddock Publications. COPYRIGHT 2002 Gale Group.
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