Months of back-and-forth legal power plays have culminated in a looming auction of Charles Cohen’s assets—including the Design Center of the Americas—scheduled for November 8. What does that mean for the design industry?
The furniture giant—itself recently under fire for false advertising—is now suing the product look-alike search engine for false advertising, unfair competition and copyright infringement.
After a proposed summer sale was delayed by litigation, a portfolio of Cohen Brothers real estate assets—including the Design Center of the Americas—is scheduled to be sold in what may be the largest UCC foreclosure auction in history.
On Monday, the lender submitted a revised proposal to auction off several of the real estate company’s assets, including the Design Center of the Americas, as soon as November.
Charles Cohen, the billionaire landlord whose company, Cohen Brothers Realty, owns design centers across the country, was granted a small reprieve in his ongoing legal troubles.
For several months, home e-tailer Burke Decor has been in the throes of a customer service and order fulfillment crisis. Now financial lender Ampla is suing the brand for $6.4 million for a breach of contract and “fraudulently misrepresenting” its financial condition.
The Los Angeles design firm filed a motion to dismiss a suit brought by the Judd Foundation, which alleges that the company copied the late artist’s work in a design for Kim Kardashian.