Jeremy Jacobs Sr., owner of the Boston Bruins and TD Garden, is locked in an unusual trademark fight with the US government, a standoff that the National Park Service said has forced it to rename a landmark hotel and other sites at historic Yosemite National Park.
A Jacobs company, DNC Parks and Resorts at Yosemite, has run lodges, restaurants, and retail outlets at the popular park in California since 1993. After losing the concession contract last year, it went to court seeking compensation for what it says is $51 million of intellectual property, including trademarks on everything from ski and golf areas to the Yosemite National Park name itself.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Government attorneys have valued the intellectual property at about $3.5 million, and called DNC Parks’ estimate “grossly exaggerated and improper.”
Jeremy Jacobs, who owns the Bruins and TD Garden.
The National Park Service is worried the dispute could prevent it from using the names when the contract is turned over to the new concession operator, Aramark, on March 1.
That concern prompted Yosemite National Park Superintendent Don Neubacher to announce Thursday..
Read the full story at Boston Globe, by Megan Woolhouse and Janelle Nanos
READ MORE: Jeremy Jacobs
Jeremy M. Jacobs, Boston Bruins owner and chairman of the UB Council and Delaware North, a food service and hospitality company based in Buffalo, and his family gave the second-largest donation in UB’s More…
Jeremy Jacobs is stepping down as CEO of Delaware North, the Buffalo-based hospitality and concessions giant his father and uncles started during World War I, AP said. The privately-held company announced More…
– Jacobs, owner of the Boston Bruins of the NHL is reported to be the favorite to acquire his home town team in what will be a hard fought battle with property tycoon, Donald Trump. – – Jeremy Jacobs, owner More…
