{"id":5583,"date":"2012-04-20T14:40:47","date_gmt":"2012-04-20T21:40:47","guid":{"rendered":"https:\/\/ftllp.net\/?p=5583"},"modified":"2024-11-04T11:59:48","modified_gmt":"2024-11-04T19:59:48","slug":"bcbg-boss-in-playboy-condom-caper","status":"publish","type":"post","link":"https:\/\/dev.creativespikedigital.com\/lftc\/news\/fashion\/bcbg-boss-in-playboy-condom-caper\/","title":{"rendered":"BCBG boss in Playboy condom caper"},"content":{"rendered":"\n<p>Talk about a tussle over protection money.<\/p>\n\n\n\n<p>A bizarre legal battle is escalating over a line of Playboy brand condoms \u2014 and fashion designer Max Azria is wrapped up in it.<\/p>\n\n\n\n<p>The pint-size founder of the BCBG clothing empire is being sued for $220 million by his partner in the licensed latex venture, who is accusing Azria of fraud, breach of contract and a host of other offenses that include \u201cnarcissism and delusions of grandeur.\u201d<\/p>\n\n\n\n<p>Azria \u2014 notorious in fashion circles for his thirst to cut new business deals even as his company struggles under mounds of debt \u2014 \u201cbegged\u201d for a stake in the condom venture as soon as he learned of it in a conversation over dinner in 2009, according to a lawsuit filed by the partner, Jimmy Esebag, yesterday.<\/p>\n\n\n\n<p>In exchange for a 20-percent stake, Azria promised to provide financing and distribution at retailers, including Walmart, the suit charged.<\/p>\n\n\n\n<p>\u201cI have a relationship with everybody. I am Max Azria,\u201d the eccentric fashion mogul said in a recent deposition, according to court papers. \u201cPeople are happy to have lunch with me. Anybody in America. Even the president of America.\u201d<\/p>\n\n\n\n<p>But Azria failed to deliver on the Walmart promise, the suit charges. As a result, \u201cPlayboy condoms have a very limited degree of worldwide retail penetration.\u201d<\/p>\n\n\n\n<p>Yesterday, a BCBG spokeswoman said Azria had prevailed in arbitration on the dispute a year earlier, and that his company is \u201cconfident he will also be victorious in the present lawsuit.\u201d<\/p>\n\n\n\n<p>The spokeswoman, likewise, alleged that Esebag has \u201calso been sued for fraud by other business partners in relation to Playboy condom deals.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/dev.creativespikedigital.com\/lftc\/attorneys\/bryan-j-freedman\/\">Esebag\u2019s lawyer, Bryan Freedman<\/a>, replied that his client is \u201ca well-respected businessman who has never been sued for fraud by anyone who was his partner in Playboy Condoms.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Talk about a tussle over protection money. A bizarre legal battle is escalating over a line of Playboy brand condoms \u2014 and fashion designer Max Azria is wrapped up in it. The pint-size founder of the BCBG clothing empire is being sued for $220 million by his partner in the licensed latex venture, who is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11869,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[104,233,234,239],"tags":[235,968,237,236],"class_list":["post-5583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bryan-j-freedman","category-fashion","category-jimmy-esebag","category-new-york-post","tag-bcbg","tag-deposition","tag-max-azria","tag-playboy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v23.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BCBG boss in Playboy condom caper - Liner Freedman Taitelman + Cooley LLP<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BCBG boss in Playboy condom caper\" \/>\n<meta property=\"og:description\" content=\"Talk about a tussle over protection money. A bizarre legal battle is escalating over a line of Playboy brand condoms \u2014 and fashion designer Max Azria is wrapped up in it. 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