Sarah Jessica Parker has been involved in a nasty legal battle with Kate Florence Design, a jewelry company that accused her of breaching an endorsement agreement and refusing to return jewelry. RadarOnline.com can reveal exclusive updates on the bitter lawsuit the ex Sex and the City star is involved in.
In the amended complaint filed on April 25, 2018, Kate Florence discussed Parker creating a line of jewelry. They agreed she would license her name and likeness for marketing purposes of the line being created.
“The Defendant Parker agreed to be part of the process in exchange for a payment over time of $7,500,000,” the amended complaint read. “Notwithstanding such agreement, she refused to properly participate and comply with her contractual obligations, making the success of this enterprise impossible.”
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Parker allegedly failed to make appearances for the launch and “refused” to do interviews in relation to the jewelry line.
In March 2016, she attended a photo shoot, where she was given jewelry that had a value of $149,501.96. Parker asked if she could borrow several pieces to wear for a few months. But she never returned the jewelry two months later.
In Parker’s amended response and counterclaim filed on October 15, 2018, she alleged the company “abruptly and without notice or explanation stopped making its quarterly payments to Ms. Parker.”
Kate Florence allegedly blamed “addition of new investors, who directed the company to suspend payments,” in October 2016.
She claimed they insisted she perform additional services that were not part of the agreement, including 100 Instagram posts per year even though the agreement contained no social media obligations.
“KDF has paid only $1.375 million and has refused to make any additional payments under the agreement based on these pretexts,” the lawsuit claimed. “Nevertheless, KFD and Kristy Ann Florence brazenly continue to use Ms. Parker’s name and likeness to promote their products.”
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After a year of Parker’s attempts to resolve the matter, Parker informed them they would “initiate litigation.”
“KFD raced to the courthouse in an effort to paint itself as the wronged party,” the suit claimed. “KFD itself prevented Ms. Parker from performing such services by refusing to discuss scheduling in good faith, by failing to make payments under the agreement.”
Parker claimed she is entitled to damages of no less than $6.125 million.
Kate Florence filed a motion to dismiss Parker’s seventh count in her counterclaim, which was fraudulent conveyance.
“The counter-plaintiffs have failed to state a claim upon which relief can be granted,” the filing read.
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But on November 5, 2018, she withdrew her memorandum of law in support of her motion to dismiss the counterclaim.
The case remains ongoing.
The Blast was the first to report on the story.
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