Dane Reynolds taking Quiksilver to court
Last night it was revealed that Dane Reynolds has made a claim against Quiksilver for $3.59 million. You may remember that Reynolds left Quiksilver in November last year. However, before he did there was some contract wrangling between Reynolds, Wasserman Media, the talent agency that represents him, and Quiksilver.
Adding to the complexity is that Quiksilver filed for bankruptcy in September last year. Reynolds claim against Quiksilver is being heard in a bankruptcy court in Delaware.
In court Quiksilver claimed that they and Wasserman Media had negotiated a clean exit for Reynolds. A representative at Wasserman Media agreed telling website Law360, “Dane Reynolds and Quiksilver entered into a mutually agreed-upon termination agreement several months ago as reflected in the procedural motion filed by Quiksilver.”
So why the lawsuit?
It's hard to say, it may be due to non-payment following Quiksilver's bankruptcy, however one passage of text from Law360 gives a clue: "Among other things, the deal set a deadline for Quiksilver to remove certain promotional material featuring Reynolds from the internet, and tweaked the standard non-disparagement clause to one mutually barring intentional slander, according to the company's filing."
A month after Reynolds had left Quiksilver his face was still present on promotional material.
The lawsuit also exposed other claims being made against Quiksilver including a $7.3 million severance claim by 26 former employees of the company.
Scott Lindley, a senior vice president at Waasserman Media, told Law360 there's “no on-going issue or dispute between the parties.”
....except for the $3.59 million, obviously.
Comments
And here I was thinking that the dispute was being settled over a game of Tennis. Surely Bobby Martinez could be the umpire?
That's one way to make a Quik Buck.
Beautiful. Im a sucka for a pun. Good or bad.
So my understanding of that is that Quiksilver has continued to use Danes image without Danes permission?
How the mighty have fallen. Go back ten years and the place was a flood of cash and they had the poster boys of old baldy and the next great thing earning bucketloads. When the yanks stuff it up they do it big time.
so if I stick a photo of Danes head up it's gonna cost me 3 mill?
I heard he's changing his name to an unpronounceable symbol.
RIP Prince, who cares Dane
Ho hum, goodbye quicksilver, goodbye dane
if there's one thing there's no shortage of in this world, it's hot dudes who get paid lots of money to flick bits of fibreglass around, ....go figure
The camel has signed up to swellnet forum !
The age of entitlement is over.
Get a haircut, get a real job.
How accurate is this story?
What about Quiks new ad vid 'Mongrel Mike'
Bogan Mike Wright ?
funny story out of Melbourne's club scene , if you wear surf brands you don't get in as it's considered Bogun , and that's a fact!
Sharkman, heard exactly the same thing from my daughter - any logo of size though not just surf brands - very interesting sign of the times for brands with expensive sponsored sporty people.
Now many kids actively hunt out things they like online and take pride not in the logo, but in the low price they found. That is very bad for brands. Was complimented on my fashion shirt the other day by the young ones (no logo) - I bought it at target for $25. It'll be hard to sustain all those "free surfers" living the dream in this new price based environment. Jobs may make a comeback.
frog, yeah its amazing that all the kids from surf families ,Gen Y and the millennials , would not be caught wearing expensive branded surf wear , they shop at Rivers /K Mart etc , happy to have good unbranded clothing , as the branded stuff is only worn by non-surfers!
there has been a massive downturn in sales of surf clothing worldwide , as surfing is now rather passé.....