LeBron James and Michael Jordan have been sued for $150 million -- EACH! -- by a company claiming the basketball stars ruined its business by poisoning its name in the public.
A company called Lebron Jordan, Inc. claims that James' and Jordan's reps at Nike and Live Nation torpedoed a multimillion dollar deal by threatening to sue LJI unless it stopped selling a line of basketball shoes under the "Lebron Jordan" name.
LJI insists in the lawsuit, filed yesterday in federal court in New York, that it had every right to market its shoes under the "Lebron Jordan" name. LJI points out that no one has trademarked the words "Lebron" and "Jordan" together, and "you could not even find that name combination on Google."
As a result of the negative publicity ... LJI claims it has been damaged to the tune of $900 million.
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the artist formerly known as hand turkey:
"Lebron" and "James" together? Do you mean "Lebron" and "Jordan" together? Otherwise, huh?
Wait, does this mean I can sue Lohan because it contains "an" and my first name is Anne-Marie?
Thanks TMZ! I'll be richrichrich!
"Lebron" and "James" together? Do you mean "Lebron" and "Jordan" together? Otherwise, huh?
I don't think you need a triple digit IQ to work for TMZ. Duh....
this is worse than lebron's illegitimate father suing lebron for being his son
make money the old fashioned way GET A JOB!!
Possibly, their only business plan was to invite negative comments from two of the richest athletes in the world and sue them.
if this company has been damaged in the tune of 900 million dollars why would they not sue for 450 million dollars each instead of only 150 million dollars each.
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the artist formerly known as hand turkey:
TMZ, you need to hire a dedicated proofreader.
Interesting, trademark law will have a field day with this one. Although it sounds like it could make sense in the end this suit has no merit and will needless to say only bring publicity to Nike. No settlement will be granted unless the company will be granted the right to use the moniker. I believe Nike appeal until these cheats run out of money.
Maybe I should put my idea for Lindsay Sheen Inc. on ice for the time being
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