Jimmy Choo founder sues mother for $10 mil

by Angie Felton (Subscribe to Angie Felton's posts) Jan 26th 2008 4:01PM

Categories: Just For Moms, Love & Sex, Celeb Parenting, Behaving Badly, In The News

Tamara Mellon, co-founder of Jimmy Choo shoes has filed a $10 million lawsuit against her mother, Ann Yeardye.

According to the suit, after the sale of the business in 2004, Mellon was to receive her share of the sale in company stocks, while Yeardye was to be given cash. Due to some sort of accounting mix-up, Yeardye was given half of the stocks meant for Mellon.

Mellon had request her mother to transfer the stocks into a trust fund for Mellon's five-year-old daughter, but grandma refused.

"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," said Mellon in a statement. "The action I have initiated today seems the only course available to me."

Tamara might have really gorgeous shoes, but I bet she has really hard time finding an appropriate Mother's Day card at Hallmark.

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