MaxMara Escapes Prada Suit Over Hawaii Boutique Lease

Law360, New York (April 09, 2013, 1:53 PM ET) -- Fashion label Prada USA Corp. can't sue Italian fashion house MaxMara for allegedly reneging on a deal to hand over store space in an upscale Hawaii shopping district, a New York state judge ruled Tuesday, saying emails between the rivals did not constitute a lease assignment agreement. 

Ruling from the bench in a Manhattan courtroom, Judge Shirley Werner Kornreich granted MaxMara's motion to dismiss Prada's complaint. Prada claimed that after its initial bid to acquire shop space from MaxMara in Honolulu fell through, MaxMara agreed —...
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