02.01.2017
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02.01.2017
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General News
Domingo Such was quoted in USA Today article, "$30K A Month On Wine? Depp's Financial Saga Deconstructed," regarding Johnny Depp's lawsuit alleging that his former business managers mismanaged nearly $40 million of his money.
"They wanted him to sell the chateau or he'd be insolvent? Well, how did he get that close to insolvency (and not know it)?" says Domingo Such. If what Depp's lawsuit says is true, he says, there's plenty unconventional about the way his money was managed.
" 'Oral agreements' between business managers and clients? That's not the epitome of best practices for lawyers and business managers," Such says. "You would not allow Depp to do a movie without a written contract so why would you enter into a business arrangement without formalizing it?"
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