Friday, September 19, 2008

Breaking: Judge grants TRO to Anheuser-Busch

Breaking news: Judge Martin Agran has granted a temporary restraining order to Anheuser-Busch in its dispute with Tom Gramatis.

Apparently Judge Agran is a Sox fan, so he has no dog in this fight unless there's another Subway Series a la 1906.

What the stories don't say is this will likely lead to a settlement of some sort. Under Illinois law, one of the elements necessary to grant a TRO is a substantial likelihood of prevailing on the merits. So the judge agrees with Bud's position, at least on the initial pleadings. Presumably the contract between the sign company and the new owner can be tanked or go into effect once the Bud deal is gone, perhaps as early as next year.

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