A women’s underwear designer from Suffolk, VA is suing Target for patent infringement, claiming that the retail giant ripped off her top selling product.

“Spring & Associates filed a suit in the U.S. District Court for the Eastern District of Virginia last week, claiming that Target had poached its idea for “Foxers,” a line of women’s underwear with the kind of band usually found on men’s boxer shorts stitched to the top. If you’re having trouble visualizing, you can check them out here, though it’s only moderately safe for work.”

According to the companies founder April Spring, in 2007, a Target representative met with her about the possiblity of the store carrying her brand. Although the company seemed enthusiastic, the deal never went  through,

Last summer she discovered that Target was selling an identical product. Everything that she was going to do for them, from color, to pattern, to lace, to the country she was going to manufacture them in, was identical.

“The 48-year-old says last year her company sold 20,000 pairs of Foxers, mostly through high end boutiques and a deal with department store chain Dillards.”

“Spring has retained counsel from Westerman, Hattori, Daniels & Adrian to represent her in the case. She is seeking an unspecified jury reward.”

A spokesman from Target declined to comment on the case.

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Stock Market Bridge Loan Agreement Released By Legal Insider

The Bridge Loan Agreement for the Nasdaq Stock Market was made available today by online legal document provider RealDealDocs.com.

In 2006, the Nasdaq Stock Market and Nightingale Acquisition Corporation filed jointly for a bridge loan agreement to request their lender to extend credit in the form of bridge loans. And in 2005, Toys R Us also drafted a bridge loan agreement as the result of a merger between Target and Global Toys Acquisition.
A bridge loan agreement is a legal document covering a bridge loan/swing loan/interim financing as a type of a short-term financing that the borrower pays off with the proceeds of a pending deal.

RealDealDocs.com is the online legal document resource preferred by lawyers, deal professionals and entrepreneurs. The powerful search functionality is easy to use which is just one of the reasons 40 of the top 200 law firms in the world use it.

The contracts, agreements and clauses available at RealDealDocs.com are the actual legal documents used by both the smallest of small capital companies as well as Fortune 500 companies alike. The legal documents at RealDealDocs.com have been drafted by the nation’s top law firms for some of the top companies in America.

RealDealDocs.com helps to cut drafting time in half and provides unprecedented insight into the deal structures of the world’s largest companies. The legal documents may be searched for by category, law firm, parties involved or by the state of the governing law. Visitors can search the extensive RealDealDocs.com database absolutely free and members of the site may also download, copy, edit and print unlimited legal documents for their own personal or business use. Visit RealDealDocs.com for more information, membership options, and free legal document searches.

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