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Article: People's Liberation, Inc. Files Suit Against Charlotte Russe Merchandising, Inc. Seeking Over $60 Million in Damages.
- Article from:
- Business Wire
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LOS ANGELES -- People's Liberation, Inc. (OTCBB:PPLB), the designer and distributor of high-end casual apparel under the brand names People's Liberation[R], William Rast[R] and J. Lindeberg[R], today announced that it filed suit in Los Angeles Superior Court against Charlotte Russe Merchandising, Inc. for breach of a written contract and tort recovery seeking over $60 million in compensatory damages and punitive damages.
The suit alleges that Charlotte Russe approached People's Liberation in 2008 to exclusively license the People's Liberation Brand in the United States and all of Central and North America. To induce People's Liberation to stop providing its ...