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Tory Burch Has A Million Billion Reasons To Smile!

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It’s all in the details, people!

We previously mentioned that Tory Burch had settled her legal issues with ex-husband Chris Burch regarding her company, and now the specifics have been released!

Mr. Burch decided to sell half of the 28.3% of the company he owned in order to save him some tax money, thanks to the laws Congress passed this week.

This means Tory still owns 28.3%, which is worth $935 million, but brings her net worth to $1 billion!

The entire business is worth over triple that at $3.3 billion.

Talk about a good investment!

We’re glad that it’s all settled and that everyone is happy with the financial arrangements. It seems like a win-win!

[Image via Andres Otero/WENN.]

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Tory Burch's Nasty Legal Battle With Ex Finally Over!

There’s nothing like putting problems behind you to start off the New Year!

That’s exactly what Tory Burch and her ex-husband Chris Burch have done with their legal battle over her company’s ownership.

The exact details aren’t available, but they came to an agreement on all claims, including Chris still owning part of the company.

The pair also agreed to bring in two new investors: Capital Partners and General Atlantic.

This issue has carried on for quite awhile, so it’s nice that they’ll finally move past it and let their fashionable business continue as usual.

And as much as we loved it, see Anna Wintour and Diane von Furstenberg can officially retract their claws from Chris' jugular.

LOLz!

[Image via AP Images & WENN.]

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Anna Wintour & DVF Come To Tory Burch's Defense!

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Things are really getting heated in the lawsuit between Tory Burch and her ex-husband Chris Burch, but luckily Tory has some friends in high places!

Anna Wintour and Diane von Furstenberg are speaking out on behalf of the designer, who has apparently been nothing but wonderful!

Miz Wintour said

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Tory Burch Embroiled In Nasty Lawsuit With Ex-Husband!

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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

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