Tom Girardi, of the eponymous law firm Girardi Keese, has been ordered to deliver to his financials to the court after he failed to pay $6MM of a $16MM settlement with Law Finance Group. Law Finance sued Girardi for failure to repay a $15MM loan, and eventually settled on the $16MM figure, only to claim that Girardi skipped out on the final $6MM payment.
Does Consumer Legal Funding Put Consumers in Debt?
Tom Girardi, of the eponymous law firm Girardi Keese, has been ordered to deliver to his financials to the court after he failed to pay $6MM of a $16MM settlement with Law Finance Group. Law Finance sued Girardi for failure to repay a $15MM loan, and eventually settled on the $16MM figure, only to claim that Girardi skipped out on the final $6MM payment.
As reported in The Blast, the court’s order comes just days after Girardi’s wife and Real Housewives of Beverly Hills star Erika Jayne was slapped with a $3MM lawsuit by Arizona-based law firm funder Stillwell Madison. Stillwell is also suing Girardi for alleged failure to repay an over $5MM loan the funder made. Stillwell is suing for the full $5MM, plus interest and damages.
The embattled Girardi has been accused by both funders of spending their money on his and his wife’s ‘lavish lifestyle.’ In addition to her role on The Real Housewives of Beverly Hills, Jayne sings a song titled “It’s Expensive to Be Me.”
