SINGAPORE — The owner of alldressedup, a Singapore-based women's wear label, is facing a legal battle with a former landlord.
Tina Tan-Leo, the brand's founder, used to run a luxury store in Singapore called Living The Link before it underwent liquidation in 2010. The store's landlord, Desmond Chong, has accused Tan-Leo of breach of fiduciary duty in a lawsuit filed last week.
Tan-Leo has denied the charges and plans to file her defense with Singapore's High Court on Friday, according to Lionel Leo, Tan-Leo's husband and the chief executive officer of Fashionation, the holding company of her label and other assets. BDO LLP, the business consultancy firm employed by Chong as a liquidator, could not be reached for comment on Monday.
The landlord alleges that Tan-Leo transferred 7.29 million Singapore dollars, or $5.73 million at current exchange, of cash and assets in 2008 and 2009 from Living The Link to alldressedup and The Link Boutique, a luxury fashion and matrimonial wear chain she runs with branches in Singapore and Shanghai.
The lawsuit also claims that Tan-Leo and her husband allegedly used company funds for personal expenses such as a country club membership.
Lionel Leo denied the allegations. "We are of the opinion that there was no wrongful doing or breach of fiduciary duty," he said. " It is proper for us to return assets to the rightful owner."
Leo said that cash and assets from the Living The Link store were transferred to alldressedup and The Link Boutique to finance obligations due to the latter two companies, which were creditors to the shuttered store.
A grooming moment between @tanfrance and @antoni last night at the The LGBT Community Center Trailblazer Awards honoring Anna Wintour, Ricky Martin and more. See more photos at WWD.com #wwdeye (📷: @lexieblacklock)
“It was a very surreal feeling. It wasn’t like we were in the studio together coming up with it — it’s more like he discovered it and loved it. I didn’t let myself get my hopes up, but then it happened it was very exciting,” said singer-songwriter @nombe on discovering that @pharrell would be using his song, “Cant Catch Me” on his HBO documentary series “Outpost.” The German-born singer — named Noah MacBeth — talked to WWD about feminism, using art as a platform for political expression and personal style. Read more on WWD.com #wwdeye (📷: @jilliansollazzo)
This season, denim is going west – in influence. Brands like @fathersdaughterla (pictured here), @tommyhilfiger Jeans, @levis and more are opting for raw, top-stitching styles. (Styled by @thealexbadia; 📷: @ryanplett)
20-year-old British singer @jorjasmith_ made her debut at Coachella last weekend. We caught up with her and talked about her love for Amy Winehouse, working with Kendrick Lamar on the “Black Panther” album and her fashion philosophy. Read the interview on WWD.com #wwdeye (📷: @katiedaisyla)
Supermodel @helenachristensen teamed up with longtime friend and designer @camillastaerk on a joint @paredeyewear collaboration. The lineup features three styles and 11 offerings, all of which embody a vintage feel. Get all the details on how they celebrated the collab on WWD.com. #wwdaccessories #wwdeye (📷: @slovekinpics)
“It’s a hard industry to keep motivated, as well, so finding different subjects and people is what makes it worth it – when you’re like, oh, I’ve met great people, I feel like I’ve done something good, and I feel proud of having done this,” said French actress Stacy Martin on being grateful for the variety of roles she’s take on. Read @ktauer’s full interview with Martin on her her latest film “Godard Mon Amour.” #wwdeye (📷: @danieldorsa)