Already, LLC v. Supreme Court of the United States, _U.S.13 COMPANY PROFILE Bill Bowerman was a track coach at the University of Oregon, and Phil Knight was an accountant in Portland, Oregon, who had been a track athlete on Bowerman's team. In 1964, the two men shook hands, pledged $500 each, and formed Blue Ribbon Sports to distribute athletic footwear manufactured by a Japanese company. A decade later, Blue Ribbon became Nike, Inc.,adopted he familiar "Swoosh" logo, and began marketing shoes of its own design. Today, Nike's markets are from pursuing a cou global. In 2014, it reported revenue of over $27 billion. Nike is the official sponsor of the National Football League in the United States, as well as other athletes and sports file teams around the world. Nike continues to design, make, and sell innova- co ive footwear, including a line known as Air Force 1s. Will a plaintiff's cov to sue prevent the against the plai RE no (A de dit FACTS Nike, Inc., designs, makes, and sells athletic footwear, includ- ing a line of shoes known as "Air Force 1." Already, LLC, also designs and markets athletic footwear, including the "Sugar" and "Soulja Boy" lines. Nike filed a suit in a federal district court against Already, alleg ing that Soulja Boys and Sugars infringed the Air Force 1 trademark. Already filed a counterclaim, contending that the Air Force 1 trade- mark was invalid. of to While the suit was pending, Nike issued a covenant not to sue promising not to raise any trademark claims against Already based n Already's existing footwear designs or any future Already designs prod tic pr ucts. Nike then filed a motion to dismiss its own claims and to c that constituted a "colorable imitation" of Already's current dismiss Already's counterclaim. Already opposed the dismissal of prom-ccorv Estonnal