Weblog Entry - 08/13/2003: "When companies act like adults, if not gentlemen"

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08/13/2003 Entry: "When companies act like adults, if not gentlemen"

Beretta vs GM trademark lawsuit settled without a shot fired:

"The New York Times
"May 26, 1989, Friday, Late City Final Edition
"SECTION: Section D; Page 4, Column 1; Financial Desk
"LENGTH: 107 words
"HEADLINE: COMPANY NEWS; G.M. and Beretta Settle Lawsuit

"BYLINE: Special to The New York Times
"DATELINE: DETROIT, May 25

"The General Motors Corporation formally settled a trademark infringement lawsuit filed against it last summer by Fabbrica d'Armi Pietro Beretta S.p.A., the Italian gun maker. In a ceremony held in Italy and attended by each company's chairman, G.M. contributed $500,000 to a Beretta cancer foundation and exchanged a Chevrolet Beretta GTU coupe for a Beretta hunting rifle and shotgun.

"According to the provisions of the settlement, which were first described by Beretta in February, the auto maker received the right to market the Chevrolet under the Beretta name, which it has been using since the model's introduction late in 1986."
trademark case 2; article 1, some webpage I googled up

See how nicely adults in business can settle things sometimes?

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