Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Home RSS
 
 
 

Judge: Penney interfered with Macy's pact

June 16, 2014
Associated Press

NEW YORK (AP) — A New York State Supreme Court judge ruled in favor of Macy's claim that J.C. Penney interfered with a contract with Martha Stewart Living Omnimedia Inc. when it cut a deal to create a collection of home goods in 2011.

But the judge, Jeffrey Oing, said Macy's failed to prove that Penney was liable for punitive damages.

The 63-page decision, issued Monday, came six months after Macy's and Martha Stewart resolved a legal battle to sell home furnishings at Penney. The terms of that deal were not disclosed.

It also follows a move last fall by Penney to scale back its merchandising partnership with Martha Stewart.

 
 

 

I am looking for:
in:
News, Blogs & Events Web