This is getting UGLY!
Tory filed her court papers on Monday claiming Burch used info from her label to create his brand, C. Wonder, and that the allegations of interference with the sale process in his 28.3 percent stake in the company is his fault.
Additionally, the contract stated that Burch could NOT "take hundreds of millions" to compete with the Tory Burch brand with his label, which Tory's legal team set into place with a settlement agreement.
However, Chris' lawyer, Andrew Rossman claims Tory and her investors didn't even care about Burch's brand:
"In our view, the investors were not concerned about C. Wonder. It’s not hurting Tory Burch. What was really going on is that the company was trying to use the sale process as a means of creating leverage against Chris. These are timeless styles that other people invented. I don’t think Tory Burch invented the cardigan, the gold button or the ballet flat."
Tory is actually more concerned that Chris can't compete "unfairly" and she's "repeatedly asked for and was given full complete access to competitively sensitive information about the company and its best-selling products."
She's also pissed that her former hubby copied her "brand image," and thinks C. Wonder pieces look just like her own products, as well as his store's persona and fixtures.
Tory's attorneys noted that Chris was given a super secret report that gave a play-by-play on Tory Burch's business strategies, customers and productivity. Which included the factories she used and the 4-1-1 on her merchandise's amounts, size and price.
But Rossman claims that all the info Chris received is not classified and that "any reasonably astute observer would know” what popular products are.
Tory, however, is not backing down and is demanding breach of contract, unfair competition, breach of fiduciary duty and misappropriation of trade secrets and deceptive trade practices.
While Burch wants reasonable costs and expenses and unspecified compensatory damages.
This case seemed like it was on the fast track, but after meeting with Judge Leo Strine last Thursday, it only means that both parties will be brought back to court in April.
Tags: andrew rossman, breach of contract, c wonder, christopher burch, equitable relief, fiduciary duty, injunctive relief, judge leo strine, lawsuit, legal matters, project amethyst, tory burch, tory burch llc, unfair competition