What was the date the complaint was filed in the Boss Investments Ltd. v. Margaritaville case?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
Boss Investments Limited a/k/a Boss Investments Ltd. v. Margaritaville of Bahamas, LLC, Margaritaville Enterprises, LLC, Margaritaville Holdings LLC, and James Wiseman (Circuit Court of the 15th Judicial Circuit in and for Palm Beach County, Florida, Case No. 2018-Ca-013658).
On October 26, 2018, Boss Investments Ltd. ("Boss") filed a complaint against Margaritaville of Bahamas, LLC, Margaritaville Enterprises, LLC, Margaritaville Holdings LLC, and James Wiseman, seeking a declaratory judgment, permanent injunctive relief, and damages. The complaint arose out of a Trademark Sub-License Agreement, dated as of June 4, 2014, by and between Margaritaville of Bahamas, LLC and Boss ("Boss Agreement"). Boss alleged that another trademark license agreement signed by the defendants in connection with a resort development in the Bahamas that includes a hotel and condominiums ("Bahamian Hotel"), violated the Boss Agreement.
This matter was settled pursuant to the Amended Confidential Mediated Settlement Agreement (the "Settlement Agreement") and Third Amendment to Trademark Sub-License Agreement, dated as of December 30, 2020. Pursuant to the Settlement Agreement, the case was voluntarily dismissed with prejudice as of January 8, 2021. Without admitting any liability for the claims, under the Settlement Agreement, the corporate defendants agreed to pay to Boss 50 percent of future royalties from food and beverage, and certain merchandise, from the Bahamian Hotel. As part of the Settlement Agreement, prior restrictions under the Boss Agreement in the Bahamas were released except for certain restrictions in Paradise Island and Nassau.
Source: Item 3 — LITIGATION (FDD pages 16–18)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, the complaint in the case of Boss Investments Limited a/k/a Boss Investments Ltd. v. Margaritaville of Bahamas, LLC, Margaritaville Enterprises, LLC, Margaritaville Holdings LLC, and James Wiseman was filed on October 26, 2018. The complaint was filed in the Circuit Court of the 15th Judicial Circuit in and for Palm Beach County, Florida.
The complaint by Boss Investments Ltd. sought a declaratory judgment, permanent injunctive relief, and damages related to a Trademark Sub-License Agreement dated June 4, 2014. Boss Investments alleged that another trademark license agreement signed by the defendants in connection with a resort development in the Bahamas, including a hotel and condominiums, violated their agreement.
The matter was settled through an Amended Confidential Mediated Settlement Agreement and a Third Amendment to the Trademark Sub-License Agreement, both dated December 30, 2020. As part of the settlement, the case was voluntarily dismissed with prejudice on January 8, 2021. The corporate defendants agreed to pay Boss 50 percent of future royalties from food and beverage, and certain merchandise, from the Bahamian Hotel, without admitting any liability. The settlement also released prior restrictions under the Boss Agreement in the Bahamas, except for specific restrictions in Paradise Island and Nassau.