Never Heard Of It » U.S. District Court in Manhattan http://www.neverheardofit.net All Things Social You Never Heard Of.......!!!! Thu, 02 Sep 2010 21:30:07 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Beyonce Is Being Sued for Breach of Contract…. http://www.neverheardofit.net/2010/02/beyonce-is-being-sued-for-breach-of-contract/ http://www.neverheardofit.net/2010/02/beyonce-is-being-sued-for-breach-of-contract/#comments Mon, 08 Feb 2010 14:52:09 +0000 KYF http://www.neverheardofit.net/?p=1358 StyleList and the WWD has reported that Beyoncé Knowles’ clothing line House of Deréon is being sued by Hong Kong manufacturer Vier International Ltd for breach of contract…. ::CONFUSEDLOOK::

According to the complaint filed in the U.S. District Court in Manhattan, the apparel maker claims it lost more than $500,000 because clothing company Donna Loren LLC and shipping outfit HJM International were “conspirators who induced the shipment of goods to the United States with the intent to convert them or pay less than the agreed upon contract price,” says the source.

The alleged low-balling scheme reaches far and wide. Vier also names Beyond Productions LLC and House of Deréon — both companies owned by Knowles and partners — for taking part through purchase orders and requesting manufacturer specifications.

Along with looking for its $500k back, Vier is not playing around: The company included claims under the Racketeer Influenced and Corrupt Organizations Act (RICO), the same law used in most Mafia prosecutions!

WOW, I am so sure Beyonce is not too worried about $500k, that is pocket change for her. She just launched a awesome new fragrance and peformed her biggest show ever in Brazil this past week…..

Tina Knowles is dealing with a divorce so I hate that she has this to go through as well. SORRY BOO!!!!

beyonce-dereon
Source:HOTSPOTATL

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