Yeezy Looking at New Lawsuit for Failing to Pay Software Company
Written by SOURCE on May 12, 2020
Kanye West and his Yeezy company are wading through a new lawsuit.
The Fashion Law reported on Monday that West and his brand have been hit with a suit from Colorado-based company Backbone PLC. Backbone licenses out management tools to clothing brands that allow them to oversee the lifecycles of their products. The company alleges that Yeezy neglected to pay $125,200 in fees for continued use of their software.
Backbone claims Yeezy paid the initial $20,000 implementation fee and an inaugural annual fee of $10,000. Yeezy also paid the monthly user fees for a year, totaling $43,200. But in September 2019, Yeezy allegedly stopped paying the fees despite maintaining access to the software. The company says the outstanding invoices are for eight months of use.
“Despite the repeated requests, as of the date of this complaint, [Yeezy] has made no payment towards the outstanding invoices,” Backbone’s lawsuit alleges.
This has forced the company to seek to recover the outstanding balance as well as interest. It also wants Yeezy to cover the legal expenses in connection to the suit.
The new litigation comes less than two months after Yeezy settled its lengthy fight with textile supplier Toki Sen-I Co. It also follows a report in Bloomberg which stated that the Yeezy x Adidas footwear partnership was valued at “as much as $3 billion last year.”
