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Felicello Law PC Defeats Summary Judgment Motion by Xcel Brands Inc.

Written by Rosanne Felicello on . Posted in .
New York, New York, and Orange County, California August 11, 2021 Felicello Law PC defeated a motion for summary judgment filed by Xcel Brands, Inc. (NASDAQ:XELB) in a long-running dispute over $1.2 million owed to its client Texmont Design Limited (Texmont). Texmont, a Hong Kong-based garment manufacturer, had initiated the litigation based on its allegations that it had agreed to produce garments bearing the ‘H Halston’ and ‘H by Halston’ labels in reliance on an agreement by Xcel to make good on all payments owed for the production of the garments. Texmont alleges that Xcel received over $1.5 million in revenue derived from sales of the…
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