...but hey, do what you want...you will anyway.The law firm of Michael Avenatti, who represents adult-film actress Stormy Daniels, was served with a $10 million settlement fine on Tuesday in bankruptcy court over a lapsed payment agreement.
The Eagan Avenatti law firm will be required to pay the sum after Avenatti failed to follow through in paying $2 million to a former associate, Jason Frank, to settle the firm's bankruptcy, according to the Los Angeles Times.
Avenatti's firm also owes back taxes to the IRS that includes more than $1.3 million in employee taxes that it never handed over to the government, the Justice Department reportedly said at the hearing.
The name partner, who agreed to personally pay back $1.5 million of the total sum, has missed an installment and will reportedly soon face legal action by the federal government to demand payment.
The Hill
UPDATE 3:15pm:
No tweets yet. Trump is afraid of Cohen.
But Cohen is afraid of something else:
Because there's no other way on earth to let those people have the information without putting it on Twitter?
Avenatti blasted the LA Times on Twitter Tuesday over a report that a $10 million judgment was rendered against one of Avenatti’s law firms in Bankruptcy Court.
“Nonsense,” Avenatti wrote on his now blocked account — without challenging any facts presented in the LA Times piece. “Completely different law firm – no ties to Daniels case. Irrelevant. Over blown. Sensational reporting at its finest. Check the facts next time please and report accurately.”
Mediaite
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