Opinion ID: 2469348
Heading Depth: 1
Heading Rank: 8

Heading: Old Navy's December 2008 Response

Text: On December 3, 2008, counsel for Old Navy responded, denying that Old Navy was obligated to enter into a license agreement or had failed to negotiate in good faith. Counsel for Old Navy explained that, in the course of their negotiations, differences emerged in the parties' positions, including on such essential issues as the types of products to be included in the line, how many stores would be included in a launch, the staffing necessary to support such a line, and, most importantly, the timing of any such launch. Ex. 26. According to Old Navy's counsel, business circumstances made an extensive launch in the immediate near term unfeasible. Id. Thereafter, from December 15, 2008 to February 6, 2009, Old Navy engaged in sham negotiations, falsely representing that it fully intended to enter into a license agreement. Compl. ¶ 124.