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How Litigation Finance Toppled the Fortunes of a Real Housewives Star

How Litigation Finance Toppled the Fortunes of a Real Housewives Star
institutionalinvestor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from institutionalinvestor.com Daily Mail and Mail on Sunday newspapers.

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RHOBH's Meets RICO

RHOBH’s Meets RICO
MY TURN RICO stands for Racketeer Influenced and Corrupt Organizations Act (18 U.S.C. §§ 1961–1968) and was designed to stop the Mafia, La Costa Nostra, wise-guys, etc.
As RHOBH’s Erika Jayne saga unfolds, the extent to which Erika participated in corrupt activities is murky, except for her spending vast sums of money.
According to Los Angeles attorney, James Spertus, of Spertus, Landes & Umhofer, who is suing Erika Jayne and Tom Girardi, Girardi’s activities may be likened to a Ponzi Scheme. Substantial funds from lawsuit settlements seem to have been withheld from the victims but instead squandered in a lavish lifestyle of mansions, trips, expensive cars as if Girardi were a Televangelist. Like Bernie Madoff, Girardi thought he could pay earlier clients from later settlements, but Erika was an unsustainable drain on Tommy’s funds. Erika’s ability to spend was unlimited; Tom’s ability to earn was finite. ....

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Girardi Gained Their Trust, But Left Them With Regret

Girardi Gained Their Trust, But Left Them With Regret
By
By
Brandon Lowrey & Ryan Boysen
Law360 (January 19, 2021, 4:28 PM EST) In an airy conference room overlooking downtown San Francisco, celebrity trial lawyer Thomas V. Girardi looked into Kathy Ruigomez s sleepless eyes and told her everything was going to be all right.
Nobody had said that to Ruigomez in the month since a natural gas pipeline explosion incinerated her home and left her 19-year-old son, Joe Ruigomez, burned and comatose. The September 2010 blast killed eight people, including Joe s girlfriend, sending flames high into the sky above their San Bruno, California, neighborhood. ....

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Lawsuit Financing Market Getting Back To Growth| Pravati Capital, Harbour Litigation Funding, Global Funding Solutions, LawCash

Lawsuit Financing Market Getting Back To Growth| Pravati Capital, Harbour Litigation Funding, Global Funding Solutions, LawCash ....

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RHOBH star Erika Jayne's lawyer husband Tom Girardi says his fortune is gone

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Real Housewives of Beverly Hills star Erika Jayne s lawyer husband Tom Girardi testified in the fall that he s broke
At one point I had about 80million or 50million in cash. That’s all gone, Girardi said this fall during testimony in one case
Girardi, 81, faces a slew of lawsuits accusing him of mishandling clients funds
He also faces demands in court for payment from creditors, lendors, his first wife and a security company that once guarded his Pasadena mansion
On Monday an Illinois judge froze his and his law firm s assets
In that case he was accused of mishandling money meant to go to the families of victims who died in the 2018 Lion Air crash ....

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