Lathrop GPM attorneys Billy Jones, Patrick Hickey and Joseph Mark are representing Kong Co. LLC co-owner Joseph Markham and his holding company Bounce Enterprises LLC in a closely watched ownership dispute currently unfolding in Colorado state court.
As reported by Law360, the case centers on allegations of deal violations and competing claims of control over the popular dog toy manufacturer. During opening statements, Jones argued that Kong’s current leadership engaged in a multi-year scheme to oust Markham and seize full control of the company. The firm is seeking affirmation of Bounce’s 50% ownership stake and the validity of its deal with Central Garden & Pet Co., which acquired a minority interest in Bounce.
The trial underscores the complexity and intensity of disputes involving closely held businesses. Lathrop GPM’s litigation team is playing a central role in advocating for its client’s ownership rights and business interests.
Read the full article on Law360 here [SUBSCRIPTION REQUIRED]: Kong Toy Co. Owners Clash Over Alleged Deal Violations