Martha Stewart Denies Wrongdoing in J.C. Penney Deal
(NEW YORK) — Home diva Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open up shops within most of J.C. Penney’s stores across the country. Stewart testified in New York State Supreme Court as part of a legal battle over whether the company that she founded breached its contract to sell cookware, bedding and other items exclusively at Macy’s when she inked the deal with Penney in 2011. Stewart, who founded Martha Stewart Living Omnimedia Inc., during three hours of testimony, denied Macy’s allegations that she did anything unethical in brokering the deal with Penney. She said that she was only looking to expand and offer new opportunities for shoppers. (MORE: Macy’s CEO: ‘Shocked…Sick to My Stomach’ after Betrayal by Former ‘Friend’ Martha Stewart) In fact, Stewart said it’s Macy’s that didn’t uphold its end of the agreement to try to maximize the potential of her business. She her brand, which is about a ...
Martha Stewart to Testify in Trial Over Her Brand
NEW YORK — Eight years after Martha Stewart was released from prison for lying about a stock trade, the home diva is now facing another legal mess that may not be easy to clean up. Stewart, 71, is scheduled to take the stand in New York State Supreme Court Tuesday. She is at the center of a bitter legal battle between two of the nation’s largest retailers — Macy’s Inc. and J.C. Penney Co. Macy’s sued the media and merchandising company Stewart founded for breaching an exclusive contract when she signed a deal with Penney in December 2011 to open shops at most of its stores this spring. Macy’s, which has sold Martha Stewart products including towels and pots since 2007, is trying to block Penney from selling those products. The trial is clearly more than a vanilla contract dispute. It’s a courtroom drama that’s unfolding about disloyalty and greed. Testimony has portrayed Stewart as someone who turned her back on her good friend and Macy’s CEO Terry Lundgren so she could ...
Macy's CEO testifies in fight over Martha Stewart
Department store chain faces rival J.C. Penney in N.Y. State Surpreme Court over partnership with home diva Martha Stewart
Found more than 1 month ago on channel CBS
Macy's CEO to testify in fight over Martha Stewart
NEW YORK -- Macy's Chairman, President and CEO Terry Lundgren is scheduled to testify in New York State Supreme Court on Monday in a trial that pits the department store chain against rival J.C. Penney Co. over a partnership with home diva Martha Stewart....
Finland: New Court Of Appeal Judgment On Liability For Falling Ice And Snow Clarifies The Position Of A Property Owner - Attorneys At Law Borenius Ltd
In a recent case heard by the Court of Appeal of Helsinki, a property maintenance company’s CEO was being charged with negligent manslaughter after an elderly man was killed by a block of icy snow falling from the roof of an apartment building.
Found more than 1 month ago on channel Mondaq