By  on June 6, 2013

Li & Fung LTD. has scored a six-figure judgment against Contemporary Streetwear LLC, a New York-based apparel supplier, which failed to pay the sourcing giant for orders it made for the company from 2009 to 2011.

On Thursday, New York Southern District Magistrate Judge Debra Freeman awarded the Hong Kong-based firm $1.7 million in compensatory damages. This does not include a pre-judgment interest rate of 9 percent a year that will be calculated by the court.

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