Johnny Depp settles lawsuit with former managers

Brunilde Fioravanti
Luglio 17, 2018

Johnny Depp has settled a lawsuit with his former managers, a month before the trial was due in court.

The Pirates of the Caribbean actor took action against the men at the top of 2017 alleging they misrepresented him for 17 years. He sought $25 million in damages, including years worth of professional fees. "The other side of case sees The Management Company arguing Johnny's claims, saying they warned the actor of his insane spending habits such as "$30,000 a month for wine, $500,000 in rental fees for storage warehouses that held his Hollywood collectibles, $200,000 for a private jet".

The terms of the settlement were not disclosed.

"The lawsuit taken out against The Management Group - and the subsequent settlement - is a further demonstration that Johnny is determined to take firm action to protect his personal and artistic reputation in the interests of his family and his career", the spokesman said.

Now that the paperwork has been completed, the matter is expected to be resolved prior to the August 15 trial date that will no longer be needed. The two sides had a mediation over the weekend with Peter Lichtman, a retired judge who serves as an arbitrator.

Depp still has a pending suit against Jake Bloom, his former attorney whom he accused of malpractice. Rare for a plaintiff to seek a delay in a trial that they requested, the unusual hearing came on the heels of a long Rolling Stone profile of the Depp that pretty much everyone agrees was not a victor for the actor. The magazine reported that Depp and his attorney, Adam Waldman, believed the suit would "change Hollywood forever". I'm just a small part of this. "It's the f-ing Matrix". I didn't see the movie, and I didn't understand the script, but here's what it is'.

The statement concluded: "Johnny extends his most honest thanks and appreciation to the true supporters that have shown their loyalty to both him and his family over recent years".

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