Judge: Penney Interfered with Macy’s Pact
NEW YORK (AP) — A New York State Supreme Court judge ruled in favor of Macy’s claim that J.C. Penney interfered with a contract with Martha Stewart Living Media Inc. when it cut a deal to create a collection of home goods in 2011.
But the judge, Jeffrey Oing, said Macy’s failed to prove that Penney was liable for punitive damages.
The 63-page decision, issued Monday, came six months after Macy’s and Martha Stewart resolved a legal battle to sell home furnishings at Penney. The terms of that deal were not disclosed.
It also follows a move last fall by Penney to scale back its merchandising partnership with Martha Stewart.
(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)