Skateboarding legend Jamie Thomas found himself in a legal battle that resulted in significant debt during the recession period of 2009 - 2010. And on 2011 - 2012, Nike SB, Converse, and other corporate brands were taking off, killing the core skate shoe brands.
To resolve the million-dollar lawsuit, Thomas made the difficult decision to transfer ownership of The Fallen trademark to settle his financial obligations.
Thomas established the Fallen brand in 2003 to create high-quality skateboarding footwear and apparel.
Over the years, Fallen gained a loyal following and became synonymous with Thomas's innovative skateboarding style and authentic approach to skating.
In a recent episode of The Nine Club podcast, the chief explains why he had to let go of Fallen Footwear.
Unfortunately, a series of legal complications and financial challenges plagued Thomas, leading to a lawsuit that resulted in a substantial debt of over a million dollars.
The details surrounding the lawsuit remain undisclosed, leaving many fans and industry insiders curious about the circumstances that led to this predicament.
The financial burden faced by Thomas placed significant strain on his personal and professional life.
As part of the lawsuit settlement, The factory required him to transfer ownership of The Fallen trademark to address the million-dollar debt.
This development has saddened Thomas and his loyal fanbase, as the brand held deep sentimental value within the skateboarding community.
The Fallen's distinct aesthetic and commitment to quality made it a staple among skateboarders, and its absence will undoubtedly be felt.