Avenatti hit with 10 million in bankruptcy judgment

He's won more than a billion dollars for his clients.
I'm pretty sure he's doing OK.
 
Actually..in all fairness..what he is accused of is just as bad..that he collected payroll taxes from his employees..and failed to give them to the Govt.

Again, it wasn't Avenatti himself, it was the firm that he works for.
 
Actually..in all fairness..what he is accused of is just as bad..that he collected payroll taxes from his employees..and failed to give them to the Govt.

Again, it wasn't Avenatti himself, it was the firm that he works for.
Uh-huh...the firm he OWNS..as in he is the principle equity holder. Let's not get it twisted--enough gratuitous spin as it is.
 
Actually..in all fairness..what he is accused of is just as bad..that he collected payroll taxes from his employees..and failed to give them to the Govt.

Palease... that is theft of trust funds and is a felony. If a company does that, they will get a visit from the IRS agents with badges and guns.
 
Actually..in all fairness..what he is accused of is just as bad..that he collected payroll taxes from his employees..and failed to give them to the Govt.

Palease... that is theft of trust funds and is a felony. If a company does that, they will get a visit from the IRS agents with badges and guns.
Read the OP..it is exactly what he was accused of...an agreement was put in place to repay said funds....but they missed a payment.
 
Why? This won’t affect the Daniels lawsuit.
I never gave Stormy much credit for her level of intelligence but even she knows this clown will be a drag on her case....she will be seeking new representation....


She certainly outsmarted the fat cheeto.

Even though I rated this as "funny and agree", I think that Mr. Avenatti has done most of the work outsmarting Trump and his lawyers.
The slip and fall lawyer is up to his neck in his own legal problems.
I noticed he 'phoned in' an interview on MSNBC yesterday.
He only took Stormy's case to get himself on MSNBC/CNN.
He's been a DEM operative for years.
He worked on over 120 DEM campaigns.
Now he's going to spend the rest of his life trying to stay out of prison.
 
Actually..in all fairness..what he is accused of is just as bad..that he collected payroll taxes from his employees..and failed to give them to the Govt.

Again, it wasn't Avenatti himself, it was the firm that he works for.
The 'firm' is called Avenatti you idiot!
 
Actually..in all fairness..what he is accused of is just as bad..that he collected payroll taxes from his employees..and failed to give them to the Govt.

Palease... that is theft of trust funds and is a felony. If a company does that, they will get a visit from the IRS agents with badges and guns.
Read the OP..it is exactly what he was accused of...an agreement was put in place to repay said funds....but they missed a payment.

Perhaps I missed it, but I see nothing regarding unpaid payroll taxes.
 
And the Fed wants its back taxes--oops!

Law firm of Stormy Daniels attorney hit with $10 million judgment


Brief quote:

"The law firm of Stormy Daniels' attorney Michael Avenatti was hit with a $10 million judgment Tuesday in U.S. Bankruptcy Court after he broke his promise to pay $2 million to a former colleague.
Judge Catherine Bauer of U.S. Bankruptcy Court in Santa Ana ordered Eagan Avenatti to pay the $10 million to Jason Frank, a lawyer who used to work at the Newport Beach firm.
"At this point, that's what's appropriate," Bauer said at a brief hearing.
To settle his law firm's bankruptcy, Avenatti had personally guaranteed that the $2 million would be paid to Frank last week, but both he and his firm failed to turn over the money.


At the hearing, the U.S. Justice Department revealed that Avenatti's firm has also defaulted on back taxes that it promised to pay the Internal Revenue Service under another bankruptcy settlement.
Assistant U.S. attorney Najah Shariff told the judge that the federal government would soon file a motion demanding payment of the back taxes."
Nearly $1.3 million of that was for payroll taxes that his law firm withheld from employees, but did not turn over to the government.


Avenatti has paid at least $1.5 million of what was due, according to the U.S. attorney's office in Los Angeles. But he and his firm missed an installment that was due last week, Shariff told the court.

Avenatti, who has blamed the unpaid taxes on an unnamed payroll company, accused The Times of "purposely confusing me with a separate legal entity that has no role in the Daniels case."

"Irrelevant," he wrote in an email responding to questions about the $10 million judgment against Eagan Avenatti and the missed tax payment. "Over blown. Sensational reporting at its finest. No judgment against me was issued nor do I owe any taxes."

Avenatti is the lead equity partner in Eagan Avenatti, court records show. He has repeatedly sent emails to The Times about the Daniels case from an Eagan Avenatti email address, with Eagan Avenatti below the signature line.

Frank attended the hearing, but declined to comment.

Mark S. Horoupian, an attorney for Avenatti's firm, told the judge that the firm was not disputing Frank's right to a $10 million judgment under the terms of the bankruptcy settlement. After the hearing, Horoupian declined to comment.
Ge’ll just have to quit the form to represent Stormy like how Rudy “quit” his to represent the dotard.

And maybe he can help Stormy with her $20 million fine for breaking her NDA


Sent from my iPhone using Tapatalk
 
Actually..in all fairness..what he is accused of is just as bad..that he collected payroll taxes from his employees..and failed to give them to the Govt.

Palease... that is theft of trust funds and is a felony. If a company does that, they will get a visit from the IRS agents with badges and guns.
Read the OP..it is exactly what he was accused of...an agreement was put in place to repay said funds....but they missed a payment.

Perhaps I missed it, but I see nothing regarding unpaid payroll taxes.
Nearly $1.3 million of that was for payroll taxes that his law firm withheld from employees, but did not turn over to the government.
 

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