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Zorro

(15,740 posts)
Wed May 16, 2018, 10:42 PM May 2018

Read The Complaint: Avenatti Sued By Ex-Law Partner For Breach Of Contract [View all]

Stormy Daniels attorney Michael Avenatti was sued Wednesday for breach of contract by his former law partner Jason Frank.

Frank alleges that Avenatti violated a settlement agreement that had been reached in December. Under the terms of the settlement, according to the complaint, Avenatti’s law firm was to pay Frank $4.85 million, with a $2 million installment due by May 14. Avenatti failed to wire the installment, the complaint alleges.

In a statement to TPM, Frank’s attorney Eric M. George said that Avenatti’s law firm “entered into a crystal clear written settlement agreement to resolve a prior lawsuit brought by Jason Frank, his former law partner.”

“The settlement agreement was approved by a federal court and was a condition of his law firm exiting bankruptcy,” he said. ” Under this settlement, Mr. Avenatti’s law firm was required to pay Mr. Frank $4.85 million, all of which was personally guaranteed by Mr. Avenatti.”

https://talkingpointsmemo.com/muckraker/avenatti-sued-breach-of-contract

Hmmmm.....

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