Quarterly report pursuant to Section 13 or 15(d)

Subsequent events

v2.4.0.8
Subsequent events
9 Months Ended
Sep. 30, 2014
Subsequent events [Abstract]  
Subsequent events

Note 19 - Subsequent events:

 

On October 22, 2014, The ONE Group, LLC, JEC II, LLC and One Marks, LLC entered into a settlement agreement effective as of September 30, 2014 regarding the “ONE” trademark. The parties have amicably resolved their differences over the use and registration of such trademark for certain services and settled the litigation for $600,000 which was paid to The ONE Group, LLC in October 2014.

On November 3, 2014, STK Denver LLC, a wholly-owned subsidiary of
One Group, entered into a lease agreement with 16M, LLC to open an STK Rebel restaurant in Denver, Colorado in 2015.