Daily News
From Home Furnishing Business
Judge: JCP Interfered with Macy's Martha Stewart Deal
June 17,
2014 by in Furniture Retailing, Industry, Legal 
A New York State Supreme Court judge ruled in favor of Macy's claim that J.C. Penney interfered with a merchandising contract with Martha Stewart Living Omnimedia Inc. when it cut a deal in 2011 under its previous CEO to create a collection of home-goods.
But the judge, Jeffrey Oing, said Macy's failed to prove that Penney was liable for punitive damages since he says the actions weren't "malicious" or "immoral."
Macy's is still entitled to attorney's fees and other monetary damages from Penney related to the selling of a line of bath towels, pots and other products that were designed by Martha Stewart but were sold under the JCP Everyday name last year.
Such products were covered by a long-standing exclusive contract between Macy's and Martha Stewart.
Read Entire Story Source: Independent Record