Taco Bell settles court standoff with Taco Bill

Read the full statement from Collins Foods here.

ASX-listed franchisor Collins Foods announced the settlement between the Taco Bell and Taco Bill brands over naming rights. Below is their full statement:

“Collins Foods Limited is pleased to announce the settlement of the Federal court proceedings commenced by Taco Bill Mexican Restaurants (Australia) Pty. Ltd (Applicant), as announced on 4 November 2019.

A settlement was agreed between the Taco Bell Brand (the franchisor), Collins Foods and the Applicant subject to certain conditions including the filing of final orders with the Federal Court of Australia. As a result, Collins Foods will continue to open and operate Taco Bell restaurants in Victoria.

Confirmation of completion will be provided in due course.”