Media porn virgin STORMY DANIELS' CHUMP LAWYER ACCUSED OF PULLING A TRUMP ... Ex-Law Partner Sues

[Bradley K. Sperman]

Stormy Daniels' attorney, Michael Avenatti, is making a name for
himself by going after President Trump, but now he's facing his
own lawsuit ... and he's accused of doing something very
Trumpian.

According to new legal docs, obtained by TMZ, Avenatti's being
sued by Jason Frank, a former partner at Egan Avenatti ...
Michael's law firm, because he claims Avenatti stiffed him out
of a couple mil.

Frank alleges Avenatti pulled a Trump in 2016 by refusing to
hand over his firm's tax returns. Frank says he needed that data
to figure out how much money he was owed under their deal when
he left the company ... which he says is 25 percent of firm
profits, plus a cut of client fees.

According to the docs, filed by attorney Eric George ... Frank
and Avenatti's firm eventually duked it out in arbitration, and
the firm settled with him for $4.85 million.

Problem is, according to Frank, when it came time to fork over
the first $2 mil payment ... the firm stiffed him. Now he's
suing to get Stormy's lawyer to pay up.

Avenatti tells us, "Jason Frank is trying to get attention for
himself. His allegations are baseless and fraudulent."

http://www.tmz.com/2018/05/16/stormy-daniels-lawyer-michael-
avenatti-sued-trump-taxes/?adid=zergnet-main-lp
 

[Gunner Asch]

On Tue, 22 May 2018 22:39:56 +0200 (CEST), "Bradley K. Sperman"
<bksp...@outlook.com> wrote:

>Avenatti


Has other problems as well....(VBG)

https://heavy.com/news/2018/03/michael-avenatti-worth-bankruptcy-divorce-taxes/

Michael Avenatti’s Net Worth: 5 Fast Facts You Need to Know
Facebook

By Ellyn Santiago

Published Mar 25, 2018 at 3:56pm
Updated May 9, 2018 at 10:57am

Michael Avenatti

Net Worth: $20 million
Birthday: February 16, 1971
Education: University of Pennsylvania, George Washington
University

Stormy Daniels lawyer, TwitterMichael Avenatti

Twitter Stormy Daniels' lawyer Michael Avenatti is a high-profile
attorney with huge wins and some interesting losses.

Stormy Daniels’ attorney Michael Avenatti is a bit of an enigma. A
lawyer who has won more than $1 billion in judgments for his clients,
Avenatti is a class action contingency fee plaintiffs’ lawyer, so
massive wins for a client mean a big payday for him. Typically,
contingency fees are one-third of a judgment not including associated
court fees but can range as high as 50 percent, plus costs.

A race car driver with expensive taste and a high-end lifestyle,
Avenatti has been estimated to be worth about $20 million, according
The Squander. But with an unusual bankruptcy case with just one
elusive creditor, a huge tax lien and a curious business deal with
former partner Patrick Dempsey, yes that Patrick Dempsey aka McDreamy,
it’s as clear as a San Francisco fog what Avenatti is actually worth.

Heavy has obtained Avenatti’s divorce court documents that show just
how lavish his lifestyle is, though a list of assets has yet to be
filed, or at least publicly obtainable as of the publication of this
post.

According to Orange County, California court documents, Avenatti filed
for divorce from his wife, Lisa-Storie Avenatti, in December 2017,
after she kicked him out of their house, and changed the locks, he
said in the court documents.

The superior court documents show that the couple, married since 2011,
have a 3-year-old son Avenatti wants joint custody of. In the divorce
papers, it’s noted that Avenatti’s monthly expenses run about $40,000
and his wife’s about $25,000. His include payments on a Ferrari Spyder
and a Mercedes G Wagon, a private plane and pilot, and car racing, the
latter two costs are not listed. For his wife, monthly expenses
include tens of thousands of dollars for restaurants, shopping,
entertainment, gifts, housekeepers, laundry and $12,000 for nannies
for the couple’s young son. And they both spend several thousand
dollars a month at MedSpa. The monthly payment for their Via Lido
Nord, Newport Beach, home is $100,000 and a Los Angeles apartment is
$14,000.
Michael Avenatti divorce

Screenshot of Michael Avenatti divorce documents filed in December of
2017.

Lisa Storie-Avenatti said she has a luxury clothing business, Ikaria
Resort Wear, that’s losing money. The Twitter account for the
business, with just 18 followers, describes the line as “Elegant Sexy
Resort Wear. Ikaria cover-ups are created with 100 percent imported
silk, made with crystals from Swarovski and finished by hand.” Court
documents state the business is losing money but it did show at New
York Fashion Week or at least this tweet indicated it did.

So, Avenatti could be worth at least $20 million, but with $5
million-plus in tax liens and a ubiquitous and unusual bankruptcy, he
may owe money. But it’s not clear. Even copious court records don’t
tell the whole story.

Here’s what you need to know about Michael Avenatti and his money:
1. Avenatti Has Won $1 Billion in Judgments for Clients in High
Profile Cases

Perhaps the biggest win for Avenatti was the $454 million 2017 fraud
verdict against against Kimberly-Clark’s company Halyard Health. The
very high-profile case was brought against the manufacturer of shoddy
and faulty protective garments and gear worn by healthcare workers
during the Ebola crisis. The case got national attention following an
Anderson Cooper story for CBS’ “60 Minutes.”

Cooper is also the interviewer for the Sunday, March 25, “60 Minutes”
Stormy Daniels interview.

In the Kimberly Clark case, Avenatti’s law office is a contingency
firm, and doing the math, assuming the low end of the contingency fee
spectrum, 33 percent, the payday on that case for Avenatti’s firm may
have been $151 million.

Avenatti’s website says that during his career he’s been responsible
as lead counsel for over $1 billion in verdicts and settlements,
including a number in excess of $10,000,000.

And Avenatti has a number of high profile cases fought and won,
including celebrity clients.

Avenatti worked with Daniel Petrocelli, who previously represented the
Goldman family in its case against O.J. Simpson, on multiple legal
matters, including the representation of singer Christina Aguilera and
litigation surrounding the movie “K-19: The Widowmaker.” He worked
defending the Eagles’ Don Henley and Glen Frey in a well-publicized
suit brought by former bandmate Don Felder. Avenatti won a $10 million
defamation case against Paris Hilton and a large corporate
multi-national embezzlement case involving in excess of $42,000,000,
according to his website.

And then there’s the 2004 case ultimately settled in 2006, where
Avenatti sued ‘The Apprentice’ producer Mark Burnett and its star,
Donald Trump.
Donald Trump, Mark Burnett

GettyU.S. President Donald Trump talks with television producer Mark
Burnett at the National Prayer Breakfast February 2, 2017 in
Washington, DC.

The settlement amount was undisclosed. Court documents are limited in
that most are sealed save one or two that shed some light on the case,
but not the dollar amounts involved. Avenatti said his client,
Velocity Entertainment Group, had its ideas for the reality show
stolen.

And in 2015, he won a jury trial against the National Football League
where he compelled Dallas Cowboys’ owner Jerry Jones to testify.

But, Avenatti’s representation of Jim Carrey’s former girlfriend’s
family in a wrongful death case against the actor and comedian,
following Cathriona White’s death from a drug overdose, was dismissed
, according to Page Six of the New York Post, because of concerns
about efforts by White to mislead Carrey about an STD she had. The NY
Post said an email from Avenatti confirmed the case was “voluntarily
dismissed by the plaintiffs,” adding he had no other comment
“concerning the reasons for or circumstances of the dismissal.”
3. Avenatti & Patrick ‘McDreamy’ Dempsey Co-Owned a Coffee Shop Chain
& Dempsey Sued Avenatti to Get Out of the Deal
Patrick Dempsey Le Mans, Michael Avenatti

GettyPatrick Dempsey of the Dempsey Del Piero-Proton team at LeMans in
2013. Michael Avenatti is alos a race car driver.

In 2013, “Grey’s Anatomy” star Patrick Dempsey sued Avenatti to get
out of his role as “part owner and public face” of Tully’s Coffee
Shops, the bankrupt Seattle-based chain that first opened in 1992,
that the actor and lawyer acquired for $9 million in a bidding war
that included Starbucks. Avenatti was to put up the all the capital to
purchase and operate the company, Global Baristas, according to the
deal.
Patrick Dempsey

Actor Patrick Dempsey participates in SiriusXM’s ‘Town Hall’ with the
cast of ‘Bridget Jones’s Baby’ in 2016.

Instead, Avenatti borrowed $2 million, which he didn’t tell Dempsey,
against the company’s assets, the actor claims. Avenatti had the money
and Dempsey had the name, although Bloomberg said Dempsey identified
himself as “member and manager.” Regardless, things did not work out.
The Seattle Times reported at the time, Dempsey had “…several personal
claims …against Avenatti” he wanted to deal with in arbitration. In
the end, both agreed to end the litigation and a joint statment was
issued saying that they were “happy that we have resolved our
differences and have put this behind us.” Tully’s currently has less
than 20 shops in the Seattle area. Keurig owns the coffee brand,
Keurig Tully’s Coffee Inc. And the situation for Tully’s and Global
Baristas, Avenatti’s company is not a good one. Dozens of the original
stores have been shuttered with shops being evicted and Keurig itself
is suing Avenatti and Global Baristas.
Michael Avenatti race car driver

GettyThe partly owned Porsche sports racing car by Avenatti is shown
in action at night during the 12 Hours of Sebring at Sebring
International Raceway on March 15, 2014.

But in Avenatti fashion, according to the Seattle Times, a company rep
emailed the paper saying Avenatti was counter-suing Keurig and the
case, as of January 2018, was “nothing more than Keurig trying to beat
Global to the courthouse …(and) Keurig better buckle up because they
will be held accountable for their fraudulent conduct.”
4. Global Baristas & Avenatti Himself May Be Facing a $5 Million Tax
Lien, IRS Documents Show
Michael Avenatti

TwitterStorny Daniels’ attorney Michael Avenatti

IRS documents provided to Heavy show Avenatti and his coffee company
are looking at more than $5 million in tax liens. The kind of tax the
government alleges Global Baristas and Avenatti failed to pay are
what’s called 941 taxes.
Avenatti IRS tax lien

RS tax lien pdf document screenshotThe 2017 IRS tax lien shows Global
Baristas and Micheal Avenatti himself were, as of facing a $5 million
government lien for unpaid employee income taxes, social security tax,
or Medicare tax withheld from employee’s paychecks called the 941 tax.

According to the IRS, employers use Form 941 to report income taxes,
social security tax, or Medicare tax withheld from employee’s
paychecks and to pay the employer’s portion of social security or
Medicare tax.” If Global Baristas and/or Avenatti have paid these
assessed taxes that cover a period from September of 2015, that record
is not either publicly available or Heavy is unable to locate such.
The lien was placed in July of 2017.

The company and Avenatti were also facing a near $60,000 lien from
King County, Washington, for 940 taxes that the IRS explains is
“annual Federal Unemployment Tax Act (FUTA) tax” that, “together with
state unemployment tax systems …provides funds for paying unemployment
compensation to workers who have lost their jobs. Most employers pay
both a federal and a state unemployment tax.”
Michael Avenatti tax lien

Screengrab of King County, Washington IRS tax lien against Global
Baristas and Michael Avenatti
5. Avenatti’s Law Firm Has a Curious Bankruptcy Case With an Enigmatic
Creditor

The involuntary bankruptcy case from a 2007 Avenatti firm, Eagen
Avenatti has not gotten much press save for in law and business
journals. The case involves a creditor, possibly a private
investigator once employed by the firm named Gerald Tobin, who filed
an ‘involuntary’ bankruptcy petition for a relatively small claim
amount against Eagan Avenatti. Once a petition is filed in a
bankruptcy court, the debtor has to respond usually within 20 to 30
days.

“California class-action law firm Eagan Avenatti LLP was plunged into
Chapter 11 bankruptcy earlier this month,” Law 360 wrote about the
case a year ago, “when an elusive Orlando creditor named Gerald Tobin
filed an involuntary petition over a claim for payment worth less than
$30,000.”

Tobin claimed he was owed $28,700 for services rendered, but as Law
360 noted, “the mysterious creditor was nowhere to be found. His
whereabouts, indeed Tobin’s true identity, is one of many unanswered
questions …”

In a January 2018 motion filed in Los Angeles bankruptcy court, The
Recorder said, Eagan Avenatti asked the court to approve a “settlement
and dismissal of that involuntary case.”

Avenatti argued since his firm does business on a contingency fee
basis, it doesn’t “pay out fees and costs until litigation is
concluded or settled, which often takes several years during which the
[the firm] routinely invests millions of dollars in investigating
claims, conducting discovery, hiring experts, and preparing for
trial.”

Plus, Avenatti said in the motion that while the firm’s “revenue
stream is ‘chunky’ …it is very profitable over time.’”

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