NEW YORK — It was a lot like the first day back from summer vacation.
Lawyers from Macy’s Inc., Martha Stewart Living Omnimedia Inc. and J.C. Penney Co. Inc. practically skipped into the courtroom Monday to resume the well-publicized contract dispute, but little did they know that by the end of the day, Penney’s chief executive officer Ron Johnson would be out. It’s unclear what impact his departure may have on the case since he was the architect of Penney’s deal with MSLO. Penney’s did not return calls seeking comment, and MSLO’s legal team declined to comment.
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