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TIF > SEC Filings for TIF > Form 8-K on 11-Oct-2013All Recent SEC Filings

Show all filings for TIFFANY & CO

Form 8-K for TIFFANY & CO


Other Events

Item 8.01 Other Events.

As previously disclosed by Registrant in filings with the United States Securities and Exchange Commission, certain claims and counterclaims between and among The Swatch Group Ltd. ("Swatch") and its wholly-owned subsidiary Tiffany Watch Co. (together with Swatch, the "Swatch Parties") and Registrant and its wholly-owned subsidiaries, Tiffany and Company and Tiffany (NJ) Inc. (Registrant and such subsidiaries, together, the "Tiffany Parties") under the agreements entered into by and among the Swatch Parties and the Tiffany Parties that came into effect in December 2007 (the "Agreements") are pending in a confidential arbitration (the "Arbitration") before a three-member arbitral panel (the "Panel") convened pursuant to the Arbitration Rules of the Netherlands Arbitration Institute in the Netherlands. While the Panel has not yet issued a decision in the Arbitration, Registrant and certain of its subsidiaries have received numerous communications from the Swatch Parties indicating that the Swatch Parties view the Agreements as having been terminated as of October 1, 2013, and Registrant and its subsidiaries are proceeding on that basis with plans to design, produce, market and distribute TIFFANY & CO. brand watches through alternative arrangements.

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