Greg LeMond and LeMond Cycling Inc. have been battling Trek before Judge Richard Kyle, U.S. District Court, D. Minn., since April of 2008 and Trek now attempts to put an end to the case on summary judgment.
LeMond appears to have made a substantial amount of money through his collaboration with Trek, but not what he had hoped for, and, in the process, he appears to take the position that Trek did not fulfill its obligations under their agreement. At issue, whether Trek used its “best efforts” in regard to certain aspects of the agreement and just how broadly is the “best efforts” clause in the contract supposed to stretch.
The Court (Judge Richard Kyle) has heard argument and has taken the motion under advisement.