US Olympic Committee Sues Organization Trying To Build Sports Museum
from the the-spirit-of-competition dept
The Olympics are notoriously protective of the Olympic name, even trying to block the trademark application for the Olympian, a newspaper in Olympia, Washington. Paul writes in to let us know that the US Olympic Committee has now decided it's worth suing what appears to be an almost defunct non-profit organization called The International Institute for Sport and Olympic History. Apparently the organization was set up to try to raise funds for a museum dedicated to sports, but from the article, it sounds like it has failed to get very far, and has been (perhaps) left to die already (at one point, it was reported that the Institute's bank account contained $52). But never one to let a dead organization die peacefully, the USOC has sued and is seeking "treble damages." What damages? This is basically a defunct organization that never did anything. The USOC says, at the very least, it deserves three times the profits the organization made off the Olympic name. Well, three times zero is zero... so seems like this one could be settled pretty quickly.