Tuesday, November 20, 2007

Monday, November 12, 2007

Wednesday, October 31, 2007

Halloween Bash !

Costume Party Tonight
10pm

Tuesday, October 23, 2007



Business Week had an interesting article recently about the legal battle over control of the premium tequila, Patrón. What struck me about this article were the personalities involved and how the outcome of this legal fight impacts real people not just the bottom lines of huge conglomerates.
Here’s the quick version:
Two buddies, John Paul (the guy with the pony tail from the Paul Mitchell hair care ads) and Martin, are unable to find a decent tequila for margaritas. They find a small distillery in Mexico with a tequila they like, license the tequila to sell it in the United States and name it Patrón. In the 1990s, as the company begins to grow, John Paul and Martin set up an agreement to buy the other one out if something were to happen. Fast forward to 2002, Patrón is one of the hottest brands in the market and the corporate structure is changed to better suit the growth of the company, but John Paul and Martin forget to update the buy/sell agreement. In 2003, Martin dies. He does not have a wife or kids, so he leaves his estate to a trust to help educate children in developing countries. The trust decides to sell their share of Patrón to Bacardi for $175 million, a steal considering the brand is now reportedly worth over $1 billion. John Paul offers the trust $755 million for the share of Patrón. This makes me think the brand is worth much more than the reported $1 billion. The trust backs out of the deal with Bacardi stating they need to do what is best for the children.
Summary - Everyone’s in court now and it’s getting ugly. Bacardi’s suing because they thought they had a deal at $175 million. John Paul’s in court because about to lose a pile of cash because he didn’t update his paperwork and a trust is going to get a significant amount of money to educate poor children all over the world…just because two guys wanted better margaritas.

Thursday, October 18, 2007

Deck Closing Party


The time has come......


Closing of the Deck party feat...


Wednesday, October 17, 2007

1/2 St. Paddy's X Benefit Concert


Follow the green river over to 651 N. Michigan Ave in Kenilworth to celebrate 1/2 way to St. Paddy's Day @ Blackthorn ! Fun starts at happy hour ($1 off all drinks !) with live Irish music from the Willie Lynch Band and will continue until the the wee hours of the morning with a Benefit Concert.
The Benefit Concert is for a scholarship in loving memory of Meghan Victoria Beck. Band performing will be 'Distant Enemies & Phoenix Down' Show starts at 9:30pm. This is a 21 & over event*. See you tonight !!!

Tuesday, October 16, 2007

BLACKTHORN X BLOGSPOT


Whats up,

Need your Blackthorn fix at work? Check in here for all the latest info and events involving anything Blackthorn related. More updates coming soon...