Tamara Mellon, founder of the famed Jimmy Choo shoes, served her mother, former Chanel model Ann Yeardye, with a $10 million lawsuit yesterday.
The suit cites breach of contract: both Yeardye and Mellon formerly held a stake in Jimmy Choo, but when they sold the business in 2004, Yeardye allegedly received stock in error that should rightfully have gone to Mellon. Yeardye supposedly refuses to return the stock, and thus Mellon said yesterday: "It is with immense sadness that I take this action, but I see no other way to protect my daughter's interests, which are my paramount concern. The property in question was to help secure my daughter's future, and I am baffled by my mother's refusal to return assets which rightfully do not belong to her." What an unfortunate situation.