The husband of Real Housewives of Beverly Hills star Erika Jayne, Thomas Girardi, is back in hot water after allegedly failing to meet the terms of a settlement he agreed to with the Law Finance Group, who previously sued him over an unpaid $15 million loan.
According to a new report, Thomas agreed to pay the Law Finance Group $16 million by July 7 but failed to do so.
On July 10, The Blast revealed that while Thomas did submit a $10 million payment to the company on June 7, the remaining $6 million balance was not paid by the agreed upon deadline.
After the deadline came and went, the Law Finance Group went to court in hopes of being granted a $6 million judgement against Thomas, but they were instead given a future hearing where their case will be heard.
Earlier this year, Thomas and his Los Angeles-based law firm, Girardi Keese, were sued by the Law Finance Group, who previously loaned them $15 million on the grounds that the funds would be used to manage their firm. According to their case against Thomas, he breached a repayment agreement they made in August of last year, which required him to submit a $1 million payment by October 31 and $5 million payment by January 1.
Also in their $15 million lawsuit, the Law Finance Group accused Thomas of using the borrowed funds to maintain his “lavish lifestyle.”
In a statement after their lawsuit was filed, Thomas denied the claim.
Thomas has also been sued two more times in recent months. In May, he was sued by an Arizona lender who accused him of failing to pay over $3.4 million from a $5 million loan he took out. That lawsuit also alleged he used the money from the unpaid loan to fund his wife Erika’s luxury lifestyle. And then last month, he was sued by one of his clients who alleged he was withholding money from a $500 million settlement from a class action lawsuit brought on by the victims of the San Bruno gas pipeline explosion.
Thomas released a statement back then denying any wrongdoing and insisting he was following the payment schedule for his client.
The Real Housewives of Beverly Hills‘ season nine reunion begins airing Tuesday, July 16 at 9 p.m. on Bravo TV.
Photo Credit: Featureflash Photo Agency/Shutterstock.com, Bravo TV
Top Stories This Week!