The lawsuit was filed after it was discovered that DCP had negotiated its own agreement with NBC without the HFPA's knowledge.
DCP, which no longer has any connection with America's most beloved television icon Dick Clark, is accused of trademark and copyright infringement and breach of contract.
"We had no desire to take anyone to court, but when someone is trying to take away the most valuable thing you own, you really don't have any choice." according to a HFPA spokesperson.
Media inquiries are being handled by Allan Mayar of 42West at 310-477-4442.
The legal action is not expected to affect the 68th Annual Golden Globe Awards, held on January 16, 2011.
The show will go on!