Rebel Ice Cream filed for Chapter 11 bankruptcy after 2021 lawsuit
Summary
Rebel Creamery LLC, the manufacturer of Rebel Ice Cream, has filed for Chapter 11 bankruptcy protection to restructure its debts. The filing occurred on August 14, with the company reporting assets and liabilities valued between $10 million and $50 million. The company is known for producing keto-friendly, low-carb, and no-sugar-added ice cream sold at major retailers including Walmart, Target, and Kroger.
The bankruptcy filing follows a 2021 trademark infringement lawsuit brought by Van Leeuwen. The court ruled that Rebel Creamery violated trademark rights by copying branding, resulting in a judgment requiring Rebel Creamery to redesign its packaging and pay $23.8 million in disgorged profits to Van Leeuwen.
(Source:The Enquirer)