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Tom Girardi’s Law Firm Is More Than $100 Million in Debt

The hits maintain coming. Tom Girardi‘s former regulation agency, Girardi Keese, is $101 million in debt, based on court docket paperwork obtained by Us Weekly.

The trustee dealing with the agency’s chapter case filed the paperwork on Tuesday, August 24, in order to amend the schedule of property and liabilities. After reviewing Girardi Keese’s data, the trustee decided that the agency owes a complete of $101,007,652.46 to collectors. The agency’s property, in the meantime, complete solely $4,130,773.59.

“Suffice it to say that the [Girardi Keese’s] accounting offices were not well maintained,” the paperwork said. “Financial records (bank statements, invoices, tax returns, and other financial records) and other mail and papers were piled high on each and every flat surface and in no discernable order. Much of what the Trustee found upon her appointment was very dated.”

Tom Girardi
Damian Dovarganes/AP/Shutterstock

The information comes days after the California Federal Court formally disbarred Girardi, 82, on Friday, August 20. Us confirmed that the previous lawyer didn’t contest the choice.

The Colorado native’s authorized troubles have spiraled since November 2020, when his spouse, Erika Jayne, filed for divorce. One month later, a lawsuit accused the Real Housewives of Beverly Hills star, 50, and Tom of utilizing their divorce to cover property.

More lately, Girardi Keese offered among the Pretty Mess writer’s “collectibles” as a part of an public sale held to pay again collectors.

“These are all seized items,” a supply advised Us earlier this month. “She had no approval on what was going to be auctioned off and what’s not auctioned off.”

The Erika-themed memorabilia on the market included signed journal covers, framed photographs and the Billboard plaque for her 2009 single “Roller Coaster.”

Erika Jayne
Gregory Pace/Shutterstock

The insider famous that she didn’t “have a say either way” concerning the public sale. “She’s just letting the law firm do what it needs to do,” the supply defined. “She wants the payment to be settled so she can just move on in life.”

Throughout Tom’s ongoing authorized drama, the previous Broadway star has maintained her innocence. (She has not been charged with a criminal offense.)

During the July 14 episode of RHOBH, the “Painkillr” songstress admitted that her estranged husband’s well being was in decline. “He’s not good,” she defined. “Tom is a proud man. One of the reasons I filed for divorce was the resistance to anything. The resistance to a conversation. The resistance to, ‘Hey, I’ve noticed that you can’t see well.’ … You can’t see. You can’t hear. You’re f—king degrading in front of me and you’re ignoring it.”

Earlier this year, the previous lawyer was positioned below a short lived conservatorship after being identified with dementia and late-onset Alzheimer’s. His brother, Robert Girardi, was appointed as his conservator. Tom objected to the association in a June court docket listening to, however the conservatorship was made everlasting that very same month.

With reporting by Diana Cooper

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