Fashionista Devi Kroell Sued Over New Label

Law360 (February 17, 2011, 2:51 PM EST) -- The investors who own Devi Kroell Inc. have sued the company's departed namesake to stop her from running a rival fashion label, saying that they spent $20 million on the Devi Kroell brand and that she violated a noncompete agreement.

Gracelia Chiurazzi — a fashion designer who goes by Devi Kroell professionally — has no right to launch a brand to rival her eponymous company, investment firm Azzurro Capital Inc. said in a complaint filed Tuesday in the Supreme Court for the State of New York,...
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