Urban Outfitters Takes Aim At Fashion Co.'s 'Cynical' IP Suit
Law360 (August 10, 2020, 7:53 PM EDT) -- Urban Outfitters Inc. has urged a Pennsylvania federal judge to toss a lawsuit by fashion rental company Le Tote Inc., blasting the legal action as a "cynical" effort to deflect attention from business woes that led Le Tote to file for bankruptcy protections earlier this month.
Urban Outfitters told the court Friday that Le Tote can't substantiate its allegations that the Philadelphia-headquartered retailer used potential acquisition talks as an opportunity to seize Le Tote's proprietary information and launch its own competing business.
"Le Tote's allegations are a misguided and cynical effort to cast blame elsewhere for its own business and financial...
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