Author Topic: Avenatti to lose millions, his Ferrari in divorce settlement: report  (Read 392 times)

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Avenatti to lose millions, his Ferrari in divorce settlement: report

By Ben Feuerherd

December 6, 2018 | 2:31am | Updated

Michael Avenatti, the lawyer for porn star Stormy Daniels, reached a divorce settlement with his estranged wife that will cost him millions of dollars, his Ferrari sports car and a number of pricey wristwatches, according to a new report.

Under the settlement, Avenatti will have to pay his ex-wife, Lisa Storie-Avenatti, more than $1.9 million in retroactive child and spousal support upfront, according to court documents filed in Orange County, California, and viewed by TMZ.

Avenatti, a fierce critic of President Trump, will also have to turn over a number of his assets for liquidation, including five luxury wristwatches and a sculpture by architect Frank Gehry.

He will also has to turn over his 2017 Ferrari 488 GT Spider that he is currently leasing, according to the report.

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https://nypost.com/2018/12/06/avenatti-to-lose-millions-his-ferrari-in-divorce-settlement-report/
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Offline Frank Cannon

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Re: Avenatti to lose millions, his Ferrari in divorce settlement: report
« Reply #1 on: December 06, 2018, 03:13:02 pm »
He will also has to turn over his 2017 Ferrari 488 GT Spider that he is currently leasing,

What the hell type of asset is that? It's a rental car.

Offline Wingnut

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Re: Avenatti to lose millions, his Ferrari in divorce settlement: report
« Reply #2 on: December 06, 2018, 04:15:01 pm »
He will also has to turn over his 2017 Ferrari 488 GT Spider that he is currently leasing,

What the hell type of asset is that? It's a rental car.

If it flies, floats or fornicates, always rent it.  It applies to cars too.
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Offline Frank Cannon

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Re: Avenatti to lose millions, his Ferrari in divorce settlement: report
« Reply #3 on: December 06, 2018, 04:18:15 pm »
If it flies, floats or fornicates, always rent it.  It applies to cars too.

LOL. I'll need to keep that in mind.

BTW the only real value this would have for the ex wife is if she ran this thing way over miles and let's a homeless guy live in it for a month so he gets burned hard for the lease return.