Friday, August 2, 2019

Erika Girardi Slapped With $3 Million Lawsuit Over Her Husband Tom Girardi’s Unpaid Loan!

According to court documents obtained by The Blast, Erika Girardi is now a named defendant with her husband Tom Girardi in a new lawsuit over another loan he allegedly failed to repay. A company named Stillwell Madison filed a federal lawsuit against the Real Housewives of Beverly Hills star, her husband and his law firm.

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: Google Images

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