Yeezy is suing a former intern for violating a non-disclosure agreement, which included a “$ 500,000 liquidated damages order.”
Ryan Inwards, who allegedly was a summer intern for Kanye West’s clothing line in 2020, allegedly “shared Yeezy’s confidential photos on Instagram,” according to a complaint filed Friday by PEOPLE in the Los Angeles County Superior Court.
He agreed by signing the company’s legally binding contract, often used to protect confidential business information. refrain from posting “unauthorized materials” on his personal “social networking sites” during and after his months of work.
Lawsuit: Kanye West’s clothing line, Yeezy, sues a former trainee for violating a non-disclosure agreement, which includes a “$ 500,000 liquidation claim” (seen on the Yeezy fashion show during Paris Fashion Week March 2020)
However, Yeezy claims that Inward uploaded several classified images and ignored them. “Several letters of termination and waiver” to remove these elements.
The complaint also noted that Inwards “shared unpublished images on Instagram and did not remove them even after” they threatened to sue.
Since the news broke, The Hollywood Reporter pointed out that an “Instagram account with the same name now has zero posts.”
Bad for business: Ryan Inwards, who was allegedly hospitalized with the high-end brand from February 2020 until the summer of 2020, allegedly “shared confidential Yeezy photos” on Instagram, according to a lawsuit filed in Los Angeles County Superior Court on Friday of PEOPLE; West seen in November 2019
Now, the 43-year-old rap mogul’s business seems intent on trying to apply a half-million-dollar liquidated compensation clause for breach of contract and conversion.
In addition, they are “also looking for an ordinance that would force them to hand over the images and be banned in similar positions in the future,” according to THR.
Although it’s not clear what specifically happened to Inwards, his internship coincided with many big announcements for the company, including news that they signed a ten-year collaboration agreement with Gap to bring the Yeezy label to the masses.
Taking action: The 43-year-old rap clothing company is trying to apply a half-million-dollar liquidated compensation clause for breach of contract and conversion; West and his wife Kim Kardashian West seen on September 16, 2015
An Whirlwind: While it’s not clear what specifically happened to Inwards, his internship coincided with numerous big announcements for the company, including news of a ten-year collaboration agreement with Gap to bring the Yeezy label to the masses (actor Frenchman Gianni Esposito in picture Yeezy boost 350 sneakers in 2017)
In July, Forbes magazine also estimated that the West sneaker empire is a multi-billion dollar enterprise.
Revenue for the Yeezy sneaker line, now with Adidas, was reported to be worth $ 1.5 billion in 2019, and West’s pretax revenue in the last 12 months reached $ 150 million, according to Forbes .
West describes his foot line as a “shoe Lamborghini,” a sign of the matte black Lamborghini SUV he owns.
Proud founder: West describes his foot line as a “shoe Lamborghini,” a nod to the matte black Lamborghini SUV he owns; West was seen with his eldest daughter North at Yeezy Season 8 last year
West’s business fortunes mark an astonishing reversal from just three years ago, at the end of 2016, when he begged Mark Zuckerberg to invest $ 1 billion in his “ideas” and claimed he owed $ 53 million. .
Late last year, he acknowledged that he was worth “hundreds of millions of dollars,” despite claiming $ 5 billion in September after signing his lucrative deal with Gap.
He and his wife, Kim Kardashian, will separate after six years of marriage, according to recent reports suggesting she is “finished” trying to make things work with him.
Dismissing the truth: at the end of last year, he admitted that he was worth “hundreds of millions of dollars”, despite the fact that in September he claimed to be worth 5 billion dollars, after signing his lucrative agreement with Gap; seen in 2020