News and Commentary

Avenatti Hit With Even More Bad Financial News

John Bickley

Just days after learning that the frivolous defamation suit he brought against President Trump on Stormy Daniels’ behalf (though she says he did it against her wishes) could cost his client hundreds of thousands of dollars, Michael Avenatti was ordered by a Southern California judge Tuesday to liquidate some of his assets in order to pay his hefty back child and spousal support.

“Although the total amount Avenatti owes is unclear, he was previously ordered to pay more than $150,000 a month in child and spousal support,” AP reports. “In Tuesday’s order, Henson said Avenatti must pay at least $80,000 to Lisa Storie-Avenatti on top of the transferred assets by Jan. 2. Among those assets are a 2017 Ferrari GT Spider, five watches including a Rolex that retails for $12,000, a sculpture by famed architect Frank Gehry and a six-seat business jet worth millions.”

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