Bradley J. Walz Comments on Leeds Lawsuit Against Olympus in Biz Journal Article
Winthrop & Weinstine, P.A., trademark
and franchising attorney Bradley J. Walz
is quoted in a Minneapolis/St. Paul Business Journal
article surrounding the recent Olympus lawsuit brought against the company by a local distributor. The article, “In suit, microscope distributor says it’s being squeezed out,” summarizes the lawsuit against Olympus by its largest domestic distributor of its microscopes, Leeds Precision Instruments. The issue outlined in the suit alleges that Olympus America has set an unreasonable quota for Leeds, and has threatened to let contracts expire if not met. If settlements fail between the two companies, Leeds may try to prove its business are franchises, and therefore, Olympus would not be able to terminate contracts with Leeds. Brad Walz, who is not involved with this lawsuit, said that “Leeds appears to qualify as a franchise” (qtd. in Hammerand).
Click on the link to read “In suit, microscope distributor says it’s being squeezed out