J.J. Brooksbank Co. v. Budget Rent-A-Car Corp.

PETERSON, Justice.

Plaintiff, J.J. Brooksbank Co., entered into a licensing agreement with defendant, Budget Rent-A-Car Corporation, in 1962. Certain provisions of the agreement outlined the parties’ arrangement for allocating reservation system obligations. The reservation system for Budget and its franchisees has changed over time, creating the present dispute between Budget and Brooksbank over each party’s respective obligations. Brooksbank brought a declaratory judgment action to determine the extent of Budget’s obligations under the 1962 licensing agreement.

The issue presented is whether…