Tax,
Intellectual Property,
Entertainment & Sports,
Civil Litigation
Jul. 20, 2021
Taxing the Kardashians’ recovery in recent IP infringement lawsuit
Sisters Kourtney, Kim and Khloe Kardashian won their suit for royalties from the makeup line Kardashian Beauty.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
Sisters Kourtney, Kim and Khloe Kardashian won their suit for royalties from the makeup line Kardashian Beauty. After a five-year legal battle, a California Court of Appeal agreed that the Kardashians were owed $11.5 million in royalties from Haven Beauty and subsidiary Hillair Capital. The payments were due under a license deal for the beauty line that included various beauty items sold in stores. The award adds $2 million in post-judgment interest and costs.
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