Postal Instant Press v. Jackson

MEMORANDUM OPINION AND ORDER

KANE, District Judge.

This is a diversity action for various tort and contract damages resulting from the breach of a franchise agreement. Plaintiff Postal Instant Press (PIP), a California corporation, grants franchises to operate stores under the registered trademarks, service marks, and trade names of “PIP” and “Postal Instant Press.” In February 1976, PIP issued a franchise to Gerald F. and Beatrice Pitstick for PIP Store No. 317. In March 1977, defendant Jim Jackson purchased the Pitstick’s business and assumed the obligations of the franchise. Jackson agreed…