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October
13
Charlize Theron liable for $20 million for wearing the wrong watch

Charlize_theron_raymond_weilA judge has given Raymond Weil S.A. permssion to proceed with a $20 million breach-of-contract suit against Charlize Theron, Matthew Heller writes. The damages stem from photographs of Theron at the 2006 SXSW Film Festival wearing a Christian Dior watch when she was still under a 15-month, $3 million contract to the Swiss watchmaker. U.S. District Judge Colleen McMahon denied Theron's motion for summary judgment saying that by wearing the Dior watch, “Theron breached her covenant not to 'wear publicly any other watches other than RW. Theron recognizes as much, calling her decision to wear the watch 'regrettable.' It was more than 'regrettable;' it was a clear breach of the Agreement.” Also revealed in the judge's decision were details about Theron's arrangements with other jewelers, including a $250,000 payment to wear Chopard at the 2006 Oscars and nearly $50,000 in "tokens of appreciation" from Cartier. [On Point News]

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