A court battle between the co-founders of a Western Maryland business magazine has finally been settled, writes Chris Huntemann of the Gaithersburg Gazette.
Huntemann writes, “Harby Tran of Frederick originally filed a petition in July of last year to dissolve Smart Company Magazine LLC of Hagerstown. The defendant, co-founder RidgeRunner Publishing LLC of Hagerstown, countersued to prevent Tran from publishing a rival business publication, 270inc Business Magazine of Frederick. RidgeRunner also sought $500,000 in compensatory damages.
“However, the terms of the settlement include an agreement by both parties to no longer publish under the name Smart Company in the future, according to a statement. Tran will also convey his interest in Smart Company Magazine LLC back to the company and continue to publish 270inc.
“Further terms were not disclosed. Tran’s attorney David S. Greber of Frederick said they are ‘very pleased with the outcome’ but he declined further comment.”
Read more here.
