Judge Orders Avenatti to Pay Former Law Partner $4.85 Million

A Los Angeles judge on Monday ordered Michael Avenatti, attorney for porn star Stormy Daniels, to pay his former law partner $4.85 million in unpaid profits generated by their former law firm, Eagan Avenatti.

Los Angeles Superior Court Judge Dennis Landin dismissed Avenatti’s request to move the case to federal court, ruling instead that the 2020 presidential hopeful had failed to uphold the terms of a settlement he reached with his former partner, Jason Frank, in December 2017.

Avenatti agreed, as part of that settlement, to pay Frank the $4.85 million in withheld profits in two installments, the first of which was due in May. Avenatti never made either of the agreed upon payments, prompting Frank to sue once again.

A U.S. bankruptcy court ruled in May that Avenatti’s former firm owed Frank $10 million in back pay. Avenatti now personally owes Frank $4.85 million on top of that payment.

Avenatti, who has appealed the ruling, told National Review that Frank actually owes him $12 million in connection with a fraud perpetrated against his law firm.

"Any judgment issued against me will be deducted from the over $12 million that Jason Frank owes me and my law firm Avenatti & Associates as a result of his fraud. We look forward to receiving his check in the amount of over $7 million," Avenatti said.

 

 

October 22 2018

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Judge Orders Avenatti to Pay Former Law Partner $4.85 Million

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