A Tale of Two Celebrity Marriages and One Prenuptial Agreement

John Goralka posted an interesting article on Kiplinger regarding the importance of prenuptial agreements, using two celebrity cases as examples. Goralka uses Johnny Depp and Amber Heard as his first example. Their marriage lasted about 15 months and they did not sign a prenup. Heard is reported to receive a $7 million settlement, which she has… Continue reading A Tale of Two Celebrity Marriages and One Prenuptial Agreement

Trent Richardson says Family and Friends Spent $1.6M of his Money in 10-Month Span

Article from Eric Edholm of Yahoo Sports: “Just days after he was released by the Baltimore Ravens in what could be an NFL career-ending transaction comes more sad news with Trent Richardson. The former No. 3 overall pick of the Cleveland Browns in 2012 told ESPN’s Shelley Smith on “E:60” that his family and friends spent… Continue reading Trent Richardson says Family and Friends Spent $1.6M of his Money in 10-Month Span

Prince Turns the Tables on Debt Collectors

Prince has filed a six figure lawsuit against a debt collection agency.  Prince’s attorneys claim that the Calabasas based Capital Asset Protection illegally withdrew $116,000 in relation to a judgment against the performer over a music production contract.  Prince’s legal team is arguing that a Judge vacated the verdict in 2011, meaning that Capital Asset… Continue reading Prince Turns the Tables on Debt Collectors

Chapter 7 Debtor has 240 Pairs of Shoes

FORT LAUDERDALE, Fla. — Former NFL star Warren Sapp owes more than $6.7 million to creditors and back child support and alimony, according to a Chapter 7 bankruptcy filing in South Florida. Sapp’s $6.45 million in assets includes 240 pairs of Jordan athletic shoes worth almost $6,500, a $2,250 watch and a lion skin rug… Continue reading Chapter 7 Debtor has 240 Pairs of Shoes

More on the Longora Filing

A partner in Beso, Eva Longoria’s restaurant, filed papers with the Bankrutpcy Court claiming that Longoria lacked authority to proceed with a bankrutpcy filing and that the filing was only a litigation tactic and not a real effort to reorganize. “In court papers filed Tuesday, Mali Nachum says Beso LLC didn’t have the proper authority… Continue reading More on the Longora Filing