NEW YORK — The Pressman family dispute has degenerated into a pain in Robert Pressman’s paycheck.
The latest salvo among the siblings of the family that once ruled Barneys New York is a restraining notice served on Robert Pressman’s former employer, Newmark & Co., by his sisters Elizabeth Pressman Neubardt and Nancy Pressman Dressler, to partially satisfy their $11.3 million judgment against him. Of the total, $7.3 million represents damages and the remainder pre-judgment interest.
The judgment, issued in August by New York State Court Justice Karla Moskowitz, is being appealed by Robert Pressman. The original lawsuit against Robert Pressman alleged breach of fiduciary duty and self-dealing.
The sisters, according to a new set of court papers filed in Manhattan federal court on Oct. 21, served a restraining notice on Newmark for the entire amount owed to Robert Pressman, or $334,000, for services rendered while employed there. His lawsuit charged that the restraining notice was illegally served. He is now employed by Cushman & Wakefield.
On Oct. 23, Pressman obtained an order to show cause in the case, requiring that his sisters explain why an order should not be entered that, among other things, awards him the "costs of this litigation based upon the flagrant violation of the law in serving the restraining notice, which was issued illegally by specifically requesting the restraint of commission, payroll and retirement funds, and for such other and further relief this court deems just and proper." In addition to damages, Pressman is seeking the release of the $334,000 owed to him by Newmark.
Also disclosed in the case is a pending divorce proceeding between Pressman and his wife Holly in a Connecticut state court. Pressman filed the lawsuit under the Federal Consumer Protection Act, which bars payment to a judgment creditor under certain conditions. Pursuant to an Aug. 8 order, Pressman is paying 50 percent of his gross earnings for spousal and child support, a percentage that surpasses the federal law’s 25 percent threshold for alimony payments.
The attorney representing the sisters, Edward Spiro of Morvillo, Abramowitz, Grand, Iason & Silberberg, declined comment.
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast