It’s a growing Hollywood trend … tens of millions of dollars gone? Sue the guy who handled your finances! But, legally, who should shoulder the blame — and more critically, pay the price — when a celebrity once worth hundreds of millions sees most of it disappear? And what lessons are there for those of us whose net worth hasn’t quite hit eight or nine figures?
Johnny Depp is the poster child for this dilemma after his reported net-worth of $200 million dwindled to a small fraction of what it once was. But Depp is far from alone. This summer, Alyssa Milano filed a $10 million lawsuit against her former business manager claiming financial ruin. And Lisa Marie Presley recently announced, through her attorney, that she is in the same boat, preparing to sue her former business manager for $100 million in losses.
Johnny Depp Claims He Was Scammed Out Of Millions of Dollars
The Depp lawsuit appears to be the most heated at the moment. Recently, Depp’s former financial Read more...
The moment the lawsuit started, it was ugly. Sofia Vergara and Nick Loeb have moved well past ugly into unchartered territory in their courtroom battle that addresses views about life itself.
As we wrote after the case began, Vergara and Loeb’s disagreement teaches an important lessons for anyone considering IVF or other mean of assisted reproductive technology. But there’s a greater lesson now. When the courtroom is the backdrop for a relationship of love turned to hate, things can rapidly spiral out of control.
Johnny Depp and Amber Heard provided a good example recently. But even they — despite dramatic accusations of spousal abuse, infidelity, blackmail, and more — found a way to put their differences aside, reach a settlement, and end the fighting. Vergara and Loeb don’t appear to be heading down the same path.
Neither is willing to blink about what should happen to the two frozen embryos that they had created while together as a couple. At the time, Vergara and Loeb tried to use In Vitro Read more...
It began with an anonymous court filing pitting “John Doe” against “Jane Doe.” It didn’t take long for Jane and John to be identified publicly as Modern Family‘s Sofia Vergara and creator of the Onion Crunch, Nick Loeb. Formerly engaged to be married, the ex-couple now is heading to court battling against each other over what could be a drawn-out debate involving the fundamental question: When does life begin?
Loeb’s attorney vows that he is committed to the battle, which may become “the first test case for Pro-Parenthood.” Vergara seeks to defend her honor and wants nothing more to do with her ex. Her lawyer said Loeb’s claims are “uncredible and hold no merit.”
What’s at stake? Control over two female frozen embryos, held in a Beverly Hills fertility center. When Sofia Vergara and Nick Loeb were engaged, they decided to use in vitro fertilization and a gestational surrogate to have a baby. Their first efforts failed when two prior embryos did not successfully implant in the Read more...
It’s rough being Mick Jagger sometimes. Even as the front man for the famed Rolling Stones, he Can’t Always Get What he Wants. But when he tries, at least sometimes, he just might find … that he gets what he needs. These days, what Sir Mick (as he is known officially in England) truly needs is some peace and quiet … and a little privacy. Is it too much to ask to Get Off of his Cloud?
Sir Mick took a beating in the media last week when a lawsuit that he had hoped to keep quiet became very public. That is what often happens with lawsuits involving those in the public eye, especially in this digital age. In many courts across the country — federal courts especially, but more and more probate and other states courts too — anyone who knows how to track down the electronic court records and is willing to pay a small cost can read all the juicy details about court battles from the comforts Read more...
Even though she was 81 years old when she died on September 4th, there is no denying that Joan Rivers died too soon. She continued to entertain with an energy level that suggested she was anything but eighty-something. Melissa Rivers has now hired a law firm to find out exactly why Joan died … and who, if anyone, should be held responsible.
Representatives for Melissa Rivers told E! News and others that she retained a New York law firm to “fully determine all of the facts and circumstances surrounding the death of Joan Rivers.” Other reports state that the law firm is sending letters to the medical center that performed the surgery which led to Joan Rivers death, as well as the doctors’ offices involved, demanding they preserve their records and phone logs. This is the first step in the long process of pursuing a wrongful death lawsuit.
Melissa Rivers Retains Powerhouse Attorneys For Death of Joan Rivers
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Next, Melissa Rivers will have to file in probate Read more...
Farrah Fawcett’s estate planning wishes have been at the center of a number of lawsuits, as we describe in this article about Ryan O’Neal. O’Neal was sued by the University of Texas, which claimed that he wrongfully removed the famed Andy Warhol Farrah Fawcett painting from her home after she died. O’Neal defended himself, saying that this copy of the painting was his and he had permission to take it back after Fawcett died.
The University of Texas disagreed, suing O’Neal back in 2011. The University’s lawyers felt that, because Fawcett’s revocable living trust left all of her artwork to the University, it should be the rightful owner of the Farrah Fawcett paining, not O’Neal. It turns out there were actually two copies of the famed portrait, and the University already received one of them. But it sued O’Neal for the other one too.
The case proceeded to trial last month, lasting three weeks. O’Neal called several witnesses, including former friends of Fawcett and her former caregiver, who Read more...
It’s now, officially, the Estate Fight That Refuses To Die! The quest for money started by Anna Nicole Smith — the former Playboy Playmate, stripper, TV reality star, and the true love of 89-year old Texas oil tycoon, J. Howard Marshall — is not over. Despite almost 18 years of litigation, two trips to the United States Supreme Court, and untold millions of dollars spent on legal fees, the Anna Nicole Smith case lives on.
Anna Nicole Smith (a/k/a Vickie Lynn Marshall) sued after her elderly husband died, following their 14-month marriage. She was not happy being left out of his massive ($1.6 billion) estate. She blamed one of his sons, Pierce Marshall, who inherited everything.
Anna Nicole Smith Case
The probate case started in Louisiana and then moved to Texas. Smith sued there, but was forced to file bankruptcy in California. When she did, Pierce sued her, filing a claim in bankruptcy court. He claimed Smith defamed him by telling the media he committed fraud in managing his father’s Read more...
Kobe Bryant, long-time Los Angeles Laker and future Hall-of-Famer, is in a bitter feud with his own mother over ownership of memorabilia potentially worth more than one million dollars. He’s locked in a he-said, she-said dispute about whether he gave the items to his mother or not.
Kobe’s mother, Pamela Bryant, signed a Consignment Agreement with Goldin Auctions, in New Jersey. In doing so, Pamela gave permission to sell more than 100 items from Kobe’s childhood, including his high school game-worn uniforms, NBA championship rings, and high school Varsity letters. Goldin Auctions, a noted sports memorabilia auctioneer, advanced $450,000 to Pamela, which she used to purchase a house.
The big problem, of course, is that Kobe Bryant says he never gave the items to his mother and that he certainly never authorized the auction. He sued the auction house in California to stop the sale, just days after the auction house sued him in New Jersey to permit the auction to go forward.
Kobe Bryant Disputes Mother In Lawsuit
While Read more...
Concert promoter AEG is on the defensive after the Los Angeles Times recently published confidential emails about AEG’s role in the cause of Michael Jackson’s death. The New York Daily News revealed more of the emails in a second article this weekend.
Together, the emails paint a picture of AEG demanding that the concert tour go on, despite knowing the extremely fragile state Michael Jackson was in at the time.
But what does it all mean, legally? Should AEG be found liable for Michael Jackson’s death?
Katherine Jackson and other family members sued AEG, blaming them for controlling and failing to supervise Dr. Conrad Murray, thereby causing Jackson’s death. AEG denies it controlled or supervised Murray at all. They say he was Jackson’s personal physician and he alone was responsible.
Whether that’s true or not, AEG was clearly involved in some manner. The Daily News revealed the most telling of the emails that have been publicly disclosed so far, about AEG’s role in Michael Jackson’s death:
The New York Times recently featured a fascinating article called The Battle for a Comic-Book Empire That Archie Built. It detailed the ongoing legal battle over the two dueling CEO’s of Archie Comic Publications.
Archie Andrews (comics) (Photo credit: Wikipedia)
On one side is Jonathan Goldwater, the son of John L. Goldwater who was one of three founders of the company and the visionary behind the Archie character, created in 1941. Goldwater became a co-CEO and controller of one-half interest in the company after his half-brother, Richard Goldwater, died in 2007.
Nancy Silberkleit is the widow of the son of another founder, Louis Silberkleit. She was a schoolteacher who became co-CEO when her husband, Michael Silberkleit, died in 2008. By that time, a long-time employee and editor-in-chief, Victor Gorelick, was running the company as a temporary, stop-gap measure.
Goldwater and Silberkleit tried to work together to manage the company, agreeing in 2009 to run Archie Comics by sharing CEO duties. Silberkleit was to oversee scholastic and theatrical ventures, placing Read more...