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News Breaks
June 26, 2014
07:23 EDTAPPAmerican Apparel CEO issues deeper than headline-making antics, WSJ says
Allegations of sexual antics from American Apparel CEO Dov Charney have commanded the headlines, but his ouster is predicated on issues he contributed to that saw the business fall into "almost complete disarray" and lurch "from one crisis to another," said The Wall Street Journal, citing people familiar with the situation. Among the "several bottlenecks that plagued the fashion chain" were issues that started after Charney began signing all of the company's checks early this year, according to the report. Reference Link
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November 21, 2014
16:13 EDTAPPAmerican Apparel names Chelsea Grayson as General Counsel
The Board of Directors of American Apparel announced the appointment of Chelsea Grayson as Executive Vice President, General Counsel, and Secretary of the company, effective as of December 15. Tobias S. Keller will continue to serve as Interim General Counsel until Graysonís employment commences, at which time he has agreed to resign from such position. Chelsea Grayson has more than 15 years of experience in private practice as a corporate attorney with the law firms of Jones Day and Loeb & Loeb LLP, where she was a partner in the corporate groups of both firms.

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