'Housewives' Star Liable For Fraud In Rocawear Licensing
Law360, New York (August 28, 2017, 9:15 PM EDT) -- “Real Housewives of New Jersey” star Christopher Laurita fraudulently transferred away the $15 million clothing license that was his company’s most valuable asset after it entered bankruptcy, a New York federal judge ruled last week.
U.S. Bankruptcy Judge Robert E. Grossman said Thursday that Laurita and creditor Iconix Group Ltd. engaged in a fraudulent scheme to transfer the license for the Rocawear junior sportswear line from Signature Apparel Group to a third party while falsely telling the court the license had expired; as a result, the liquidation plan was confirmed on a false premise.
“To achieve these objectives, the parties, with...
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