Modmarket settles dispute, modifies name.

PositionDRAWING CONCLUSIONS

Modmarket, the Denver-based fast-casual, "farm-fresh" restaurant chain, announced in November it is transitioning to the name Modern Market over the next few months to settle a trademark dispute with Bellevue, Wash.-based MOD Pizza.

Founded in 2009 in Boulder, Modmarket initially sued MOD Pizza for trademark infringement in March. The settlement was announced in August but terms of the agreement were not disclosed. The settlement comes as Modmarket, currently with 14 restaurants, prepares to...

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