UPDATE 1-Viacom's SpongeBob keeps rights to 'Krusty Krab' restaurant name
May 22, 2018 at 17:01 PM EDT
May 22 (Reuters) - Aye, aye, captain: the rights to The Krusty Krab, the greasy spoon featured in the popular children's TV series "SpongeBob SquarePants," belong to Viacom Inc and not to a Texas restaurateur hoping to open a seafood chain with that name.