Johnny Depp Settles Feud With Former Managers
Johnny Depp has reached a settlement in his legal battle with the Management Group, averting a trial that was set to begin next month.
Depp sued his former managers in January 2017, accusing them of spending millions of dollars without his permission. He sought $25 million in damages, including years worth of professional fees. The Management Group, led by Joel and Robert Mandel, filed a countersuit alleging that Depp was responsible for his own financial straits, and documenting millions of dollars of expenditures on wine, luxury homes, household staff, security, and a cannon to blast Hunter Thompson’s ashes.
The two sides had a scheduled mediation over the weekend with Peter Lichtman, a retired judge who serves as an arbitrator.
Depp still has a pending suit against Jake Bloom, his former attorney whom he accused of malpractice.
Rolling Stone published a wide-ranging interview with Depp last month. The magazine reported that Depp and his attorney, Adam Waldman, believed the suit would “change Hollywood forever.”
“I’m just a small part of this,” Depp told the magazine, when asked about the case. “It’s the f—ing Matrix. I didn’t see the movie, and I didn’t understand the script, but here’s what it is.”
More to come…
Related stories
Johnny Depp Sued for Allegedly Punching Location Manager on 'City of Lies' Set
Johnny Depp: Rolling Stone Profile Latest Sign Actor Is PR Liability
The Most Shocking Revelations From Johnny Depp's Rolling Stone Interview
Subscribe to Variety Newsletters and Email Alerts!
