American Apparel settles suit with Woody Allen
Posted by: admin in Marketing and AdvertisingFiled under: Law, Marketing and advertising
Back in April, I wrote about Wood Allen’s decision to file a lawsuit against American Apparel (AMEX: APP). Woody was upset because his image appeared on company billboard that were up for less than one week, and he wanted $10 million in damages. I thought the figure was laughably high and American Apparel lawyers said they did too — but today The New York Times reports that the matter has been resolved:
On Monday morning, as a trial was set to begin in Federal District Court in Lower Manhattan, Mr. Allen announced that he had accepted a $5 million settlement in his lawsuit against American Apparel and Dov Charney, its founder and chief executive. The settlement means that Mr. Allen, who had initially sought $10 million in the trial, can avoid a trial that could have dredged up potentially salacious details about the filmmaker and his wife, Soon-Yi Previn.
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American Apparel settles suit with Woody Allen originally appeared on BloggingStocks on Mon, 18 May 2009 18:40:00 EST. Please see our terms for use of feeds.
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