Crumbs’ Bankruptcy Buyer Puts End To Brand Licensing Row

Law360, New York (February 11, 2015, 4:33 PM ET) — The joint venture that scooped up Crumbs Bake Shop Inc. out of Chapter 11 has dropped an appeal claiming that a group of trademark licensees lost their rights to use the Crumbs name in the transaction, according to court papers Tuesday announcing a settlement. Under the proposed deal, the company that now runs the Crumbs operation will kick in $40,000 for creditors of the bankruptcy estate to put to bed a lingering dispute.