Founder vs. President: Trial to Decide Future of Dog Toymaker Kong Begins

Founder vs. president: Trial to decide future of dog toymaker Kong begins

A trial to determine who will own Kong, which grew out of a Denver auto shop to become a global pet toy valued at a half-billion dollars, got underway Monday. The three-week proceeding follows more than three years of litigation across two Denver courts and pits Joe Markham, Kong’s founder, against his company, its longtime president and its other co-owner. At stake is millions of dollars and control of the Golden-based business. “To have this c…

Founder vs. president: Trial to decide future of dog toymaker Kong begins - BusinessDen

Kong products hang on a shelf in an Arvada PetSmart store. (BusinessDen file) A trial to determine who will own Kong, which grew out of a Denver auto shop to become a global pet toy valued at a half-billion dollars, got underway Monday. The three-week proceeding follows more than three years of litigation across two Denver courts and pits Joe Markham, Kong’s founder, against his company, its longtime president and its other co-owner. At stake is…