Friday, August 9, 2019

Erika Girardi And Her Husband Tom Girardi Want To Keep $3 Million Lawsuit Private!

Erika Girardi wants the keep the $3 million-dollar lawsuit over her husband Tom Girardi’s unpaid loan sealed from the public. According to court documents obtained by The Blast, The Real Housewives of Beverly Hills couple have requested that the lawsuit filed against them be moved from federal court to arbitration.

Erika and Tom were sued by a lender who claims Girardi defaulted on a loan. The lawsuit accused him of using some of the money to fund his and wife Erika’s lavish lifestyle.

The Bravo reality couple call the lawsuit nothing more than a “publicity stunt” and claim the lender knows this dispute belongs in arbitration, reports the outlet.

The couple also accuse the lender of having, “filed in federal court using such highly charged language as “lavish lifestyle” and “glamorous public image” with the goal to try to use the Court system as a publicity campaign."

A judge has yet to rule on the couple's request.

As previously reported, A company named Stillwell Madison filed a federal lawsuit against Erika, Tom and his law firm, according to court documents obtained by The Blast.

Stillwell claims to have loaned Girardi’s law firm $5,110,440.38 back in 2016. They were to be paid back from money made from the firm.

Girardi allegedly promised to hand over financial statements regularly and make timely payments. The lender says they would later learn, “Mr. Girardi re-directed all or part of the proceeds, to which Stillwell was contractually entitled, to himself and his wife in order to sustain their lavish lifestyle and maintain their glamorous public image."

The firm said Girardi failed to make all the required payments per their deal. Girardi then promised to start making monthly payments of $500k starting October 2018 and ending in September 2019. However, they claim, “Mr. Girardi has never followed through on any of his proposals—reinforcing the indication that he (nor the Firm) has, and continues to not have, any intention of repaying the loan balance.”

Stillwell says they, “would not have provided the Loan had it known that Defendants were going to use the Loan proceeds to, upon information and belief, support Mr. and Mrs. Girardi’s high-end lifestyle.”

Photo Credit: Bravo

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