SKECHERS USA Inc. the US footwear manufacturer has announced that the Company will file a counterclaim lawsuit against singer Britney Spears and her companies, Britney Brands Inc. and Britney Touring Inc. for fraud and breach of contract. The suit, in the Federal court in Los Angeles, also includes allegations of unjust enrichment and negligent misrepresentation, and seeks rescission of all agreements between Skechers and Ms. Spears, return of all advances paid, costs, and compensatory and punitive damages in excess of ten million dollars. Skechers signed an exclusive three year worldwide licensing deal with Britney for a line of Britney branded roller skates known as Britney 4 Wheelers and accompanying apparel and skating accessories The suit alleges that the singer breached her obligations to Skechers under a merchandise license agreement by unreasonably delaying and failing to approve manufacturers, product designs and product advertising for Britney 4 Wheelers roller skates and apparel.