Well here’s a plot twist we didn’t see coming.
After months of rumors that Tory Burch would file suit against her ex-husband and business partner Chris Burch because of brand similarities between C.Wonder and Tory Burch, Chris has gone and turned the tables and filed suit against Tory.
According to WWD, Chris filed a complaint alleging breach of contract, tortious interference (which is when a person intentionally damages the plaintiff’s contractual or other business relationships) with the sale process, tortious interference with his business relationships with suppliers, and seeking a declaration from the Delaware court that the defendants cannot stop him from pursuing other business ventures (aka C.Wonder.)
Chris named Tory Burch, the person, as well as Tory Burch, the company, and a handful of unnamed individual Tory Burch board members in his suit. He is also filing suit against Isla Coral, a subsidiary of the Mexican private equity firm that took a stake in Tory Burch in 2009.
According to court documents, he is seeking “unspecified compensatory damages” and “appropriate injunctive and equitable relief, including but not limited to removal of Ms. Burch and the dominated directors from the board and the appointment of new and additional directors to the board to protect the interests of plaintiffs.” Which sounds a lot like he’s looking to push Tory out of her namesake company.
The WWD article is very long and detailed (and contains a lot of legal parlance, which, to be frank, kind of makes our head hurt), so here is the gist of what Burch is alleging in the suit: