Charlize settles Weil lawsuit
2008-11-05 07:28
New York - Oscar-winner Charlize Theron has settled a $20m lawsuit brought against her by a Swiss luxury watch company, reports said on Tuesday.
Last year, the company, Raymond Weil threatened to sue the 33- year-old actress for an estimated $20m in damages for wearing another brand.
Theron had worn a timepiece by Christian Dior at a press event, despite having entered into a long-term exclusive deal with Raymond Weil, People magazine reported.
The terms of the settlement were not known.
The case, for which papers had been filed in a federal court in New York, would be terminated once the deal is implemented in 30 days.