EXCLUSIVE: Jimmy Choo Founder Tamara Mellon’s Lawsuit Against Mom Dismissed
Sept. 22 2009, Published 10:03 a.m. ET
Tamara Mellon, founder of the iconic and fabulous Jimmy Choo empire, has had a $10 million dollar lawsuit against her mother, a former Chanel model, Ann Yeardye, dismissed RadarOnline.com has learned exclusively.
Mellon filed the lawsuit against her mom in January 2008 for breach of contract in the sale of the company when it was sold in 2004.
Relations between mother and daughter are reported to be very frosty since the sale of the company.
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Court docs obtained by RadarOnline.com say that when a final status conference was held on the case on June 4th, 2009, "A request for dismissal having been filed on February 20, 2009, this matter is placed off calendar. The court orders the case removed from the civil active list and all future hearing dates, if any, advanced and vacated."
The lawsuit also included Mellon's daughter, Araminta, because the company was sold through family trusts, and Araminta is beneficiary in Tamara's trust.
The shoe queen had alleged that when the company was sold in 2004, her mother, whom was also a stake holder in the company, had allegedly received stock that should have gone to Mellon. According to the complaint, Yeardye insisted on getting her shares in cash, but by mistake half of the stock that was supposed to go to Mellon went to her mother.
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Yeardye had refused to turn the stock over to her daughter, and the lawsuit was filed.
Not to be outdone by her daughter, Yeardye filed a cross complaint against Mellon on October 15th, 2008 on the grounds of breach of contract and promissory fraud.
Yeardye had been seeking at least a cool $8 million dollars in damages. Yeardye’s lawsuit has also been dismissed.
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