The owners waited o sue because they were still registering the trademark to "tiger king" giving them ownership.
A trademark is any word, phrase, symbol, or design that identifies your goods or services, or a combination of these things. It is how customers identify you in the marketplace and differentiate you from your competitors. Trademarks and service marks are both referred to by the term "trademark."
A trademark is typically owned by the company that uses it. Simply having an idea for a trademark does not grant you ownership to that mark. In some cases, a company or individual may own a trademark and another company may be authorized, or licensed, to use the mark.
Learn more on trademark-
https://brainly.com/question/19534317
#SPJ4
