Dov Charney, chairman and chief executive officer of American Apparel Inc., stands for a portrait in a company retail store in New York, U.S., on Thursday, July 29, 2010. Starting the company in a dorm at Tufts University in Medford, Massachusetts, Charney built a worldwide empire of 280 clothing stores by leaping out ahead of mainstream fashion. He personified the racy, risk-taking aesthetics of his business and is now facing the consequences - skittish lenders and investors who doubt his ability to oversee his own creation. Photographer: Keith Bedford/Bloomberg via Getty Images
Photo: Bloomberg/2010 Bloomberg
Things are looking up for the American Apparel CEO! First, he received an $80 million line of credit for his ailing company last week; now, Charney’s $260 million sex-slave lawsuit has been thrown out of Brooklyn Supreme Court, DNAinfo.com reports. Justice Bernadette Bayne made the decision after discovering that both sides were already ordered to arbitration in California.
