According to the suit, filed in federal court in New York by Kat Florence Design Limited, Kat Florence and Parker entered into an agreement for a “special line of high-end jewelry made of D color flawless diamonds and other gem types.”
The company also agreed to start at least three stand-alone shops in cities such as London and Rome, the suit says, and Parker agreed to do “photo shoots, personal appearances, and personal interviews in support of the line.”
“The Defendant Parker agreed to be part of the process in exchange for a payment over time of $7.5 million,” the suit reads. “Notwithstanding such agreement, she refused to properly participate and comply with her contractual obligations, making the success of this enterprise impossible.”