When Crumbs Bake Shop Inc. filed for bankruptcy this past summer and sold off the majority of its assets, the company thought it had put to rest a number of licensing agreements that gave third parties the right to sell baked goods under the Crumbs name, Dow Jones Daily Bankruptcy Review reported today. According to a bankruptcy judge's recent ruling, the sale didn't actually relinquish those rights, and the Crumbs bankruptcy estate can still earn royalties under the agreements. Now, the cupcake chain's new owners — a collaboration between TV personality Marcus Lemonis and Dippin' Dots owner Fischer Enterprises — have appealed the ruling to stop other companies from making money off the Crumbs brand.
