Christopher Burch is throwing down the gauntlet in what is shaping up to be a bitter and nasty lawsuit against his ex-wife Tory Burch.
On Tuesday, Chris and his companies J. Christopher Burch, JCB Investments and C. Wonder LLC filed a six-complaint lawsuit accusing his ex, Tory Burch LLC , Tory Burch board members and equity firm Isla Coral of stopping him from pursuing other business ventures and selling his stake in the company, amongst other things.
The lawsuit came about after both parties tried to settle their differences last month ahead of a deadline that would kill the sale of the company.
However, because Tory's demands were "too outrageous" and refused to enter mediation, Chris had no choice but to take legal actions to ensure he would be treated fairly as a shareholder.
There are two issues at the heart of the case