Johnny Depp's Ex- Business Managers Countersue. Johnny Depp has only himself to blame for his financial woes, according to his former business managers. Watch Satanic Hindi Full Movie.

Earlier this month, the Pirates of the Caribbean star sued his former business team at The Management Group (TMG) for $2. On Tuesday, TMG fired back with a cross- complaint, claiming the actor lived an “ultra- extravagant lifestyle that often knowingly cost Depp in excess of $2 million per month to maintain, which he simply could not afford.”In his lawsuit, Depp’s lawyers claim, “As a result of years of gross mismanagement and sometimes outright fraud, Mr. Depp lost tens of millions of dollars and has been forced to dispose of significant assets to pay for TMG’s self- dealing and gross misconduct.” He is asking for more than $2. TMG sees things differently.

In its lawsuit, filed today and obtained by PEOPLE, the management firm asks Depp to pay up for more than $5. In addition, TMG is asking for a court declaration that it “complied with all of its fiduciary obligations under the law and that Depp is responsible for his own financial waste.”In the court papers, his former managers claim they repeatedly warned Depp of his overspending, and even warned him to get a pre- nup before marrying Amber Heard, which ended up costing him a $7 million settlement. The complaint claims Depp spent: Over $7. South of France, a chain of islands in the Bahamas, multiple houses in Hollywood, several penthouse lofts in downtown Los Angeles and a horse farm in Kentucky.$1. Millions more buying and maintaining 4. Hunter S. Thompson out of a custom- made cannon in Aspen, Colorado. Tens of millions on “a massive and extremely expensive art collection,” including “world class jewelry,” about 7.

· Johnny Depp is firing back at his former management team over their claims his financial woes are all his fault, according to a statement by Depp’s.

Warhol, Klimt, Basquiat, and Modigliani. Millions on collectibles and memorabilia involving icons such as Marilyn Monroe, John Dillinger and Marlon Brando. The collection is so extensive it fills “1.

However, Depp’s lawsuit claims TMG paid itself over $2. Depp also claims the company loaned money to people without Depp’s authorization.“In essence, TMG treated Mr. Depp’s income as their own, available to either TMG or third parties to draw upon as desired,” reads Depp’s complaint. In its counter- complaint, TMG says it “filed each and every tax return timely” and “always maintained state- of- the- art accounting records.”While Depp’s lawsuit claims TMG kept him in the dark about his financial woes, his former managers claim in the court papers that they “and Depp’s other advisors repeatedly warned Depp about his precarious financial situation and often begged Depp to curb his spending and sell assets.”When he was warned about his overspending, the lawsuit claims, he “often engaged in profanity- laced tirades where he abused the professionals surrounding him and claimed that he would work harder to afford whatever new item he wanted to purchase.”TMG’s lawsuit claims that when Depp announced his plans to marry Heard, “his advisors — TMG, Jake Bloom, Depp’s family lawyer and [his sister, Christi] Dembrowski — all warned Depp to get a pre- nup. After initially agreeing to do so, however, Depp dropped it and announced he was getting married anyway without a pre- nup.”RELATED: Johnny Depp and Amber Heard Finalize Divorce. TMG also said in its lawsuit that it has filed a separate and ongoing non- judicial foreclosure pertaining to an alleged $5 million loan to Depp “made to him in 2.

Repeated attempts to recoup the loan failed, according to TMG, and with Depp still owing $4. TMG began foreclosure proceedings against some of Depp’s properties in October 2. Depp’s complaint, according to TMG, is a “transparent attempt to derail” the foreclosure efforts. In his complaint, Depp asked for a temporary restraining order and permanent injunction preventing TMG from foreclosing on his home. He also claims the loan was a result of the firm’s self- dealing. In a statement, TMG maintains that “Johnny Depp alone was solely responsible for his extravagant spending. Over 1. 7 years, The Management Group (TMG) did everything possible to protect the actor from himself.”.

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