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| ASA Lawsuit Filed Over Trademarks | The following was released today from ASA Racing:
December 3, 2007 - Daytona Beach, FL - Racing Speed Associates, LLC today filed suit in the United States District Court for the Northern District of Illinois against Louis R. Varney, Jr. and ASA Late Model Series, LLC seeking to invalidate and cancel the ASA Late Model Series trademark registration.
The lawsuit alleges Varney illegally acquired the trademark registration by claiming ownership; in fact Varney has only been granted a license from its owner to use the trademark.
Dennis Huth, Managing Member of Racing Speed Associates said, “This lawsuit was necessitated when Mr. Varney started a campaign of misinformation about Racing Speed Associates rights of ownership to the ASA Racing name and ASA family of trademarks by threatening track operators with lawsuits if they did business with us. It’s unfortunate but we were forced to take action in order to protect our name and business reputation.”
Racing Speed Associates acquired all of the rights to the ASA family of trademarks, including American Speed Association, ASA Racing and ASA Late Model Series earlier this year from American Speed Association, LLC who most people in the racing world know was the successor to the ASA Racing founder Rex Robbins.
“We twice warned Mr. Varney that he was overstepping his bounds with his campaign against our client,” stated William L. Niro, attorney for Racing Speed Associates. “We tried to avoid litigation but Mr. Varney, by ignoring our requests to stop his activities, left us no choice. You cannot permit a licensee of a trademark to claim ownership in the mark and then seek to use it against the legitimate business activities of the rightful owner of that mark.”
ASA Racing is a leading auto racing sanctioning body that is comprised of 27 short tracks around the United States under the ASA Member Track program, as well as a variety of regional and national touring series. For more information, call (386) 258-2221 or send an e-mail to info@asa-racing.com. For news and information from all the racetracks and tours involved in the ASA, visit www.ASA-Racing.com.
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