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Hanover Direct emerges victorious from legal battles
10 Sep '05
3 min read
To date, the Oklahoma Supreme Court has not ruled on the pending appeal. The Company also prevailed in a case against a former CEO, Rakesh K. Kaul, who sued for post employment benefits following termination of his employment in 2000.
Kaul had appealed a January 2004 decision granting the Company's Motion for Summary Judgment which dismissed a majority of his claims. On June 28, 2005 the Second Circuit Court of Appeals affirmed the Summary Judgment decision; the period of time to appeal the Second Circuit's decision has expired.
Cataloger Hanover Direct Inc and its business units provide quality, branded merchandise through a portfolio of e-commerce platforms to consumers, as well as a comprehensive range of Internet, e-commerce, and fulfillment services to businesses.
The Company' online portfolio of home fashions, apparel and gift brands include Domestications, The Company Store, Company Kids, Silhouettes, International Male, Undergear and Scandia Down. Each catalog can be accessed on the Internet individually by name.
Kaul had appealed a January 2004 decision granting the Company's Motion for Summary Judgment which dismissed a majority of his claims. On June 28, 2005 the Second Circuit Court of Appeals affirmed the Summary Judgment decision; the period of time to appeal the Second Circuit's decision has expired.
Cataloger Hanover Direct Inc and its business units provide quality, branded merchandise through a portfolio of e-commerce platforms to consumers, as well as a comprehensive range of Internet, e-commerce, and fulfillment services to businesses.
The Company' online portfolio of home fashions, apparel and gift brands include Domestications, The Company Store, Company Kids, Silhouettes, International Male, Undergear and Scandia Down. Each catalog can be accessed on the Internet individually by name.
Hanover Direct Inc
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