Thomas Girardi, attorney and husband of Erika Girardi, star of The Real Housewives of Beverly Hills, feels that his good name is being tarnished and is accusing the company that is suing him of trying to defame him in their legal battle. According to The Blast and court documents, he is “Blasting the lender suing him over a $15 million loan, saying the lawsuit ‘is not driven by the desire to enforce the terms of the agreement but to exact retribution and to defame the reputation of Thomas V. Girardi.’ The lender, Law Finance Group, is suing Girardi and accusing him of not making agreed-upon payments on the loan.”
In documents recently filed he accuses the lender of placing a lien against the home he shares with Erika, despite it being a breach of their deal. His law firm was awarded the loan, and they have been around for over 40 years and are handling many cases right now. They say his law firm is not going anywhere! Tom and Erika are shown on the RHOBH and they are both frequently busy working.
Tom claims he tried to work out the issues with Law Finance Group by offering $32 million in stock certificates to cover the debt and obtained other sources of funding. He is accusing them of filing a lawsuit that is “totally fraudulent, slanderous and an abuse of the legal process.” Tom and his law firm, Girardi Keese, were sued by a company named Law Finance Group. They claim they loaned him a total of $15 million to fund the operations of his law firm. In the lawsuit they are claiming they believe the money was actually used “to maintain Mr. Girardi’s lavish lifestyle.”
The lender claimed he breached a repayment plan they agreed to back in August 2018. The deal was for him to make monthly payments, along with a $1 million payment by the end of October, and $5 million by January 1. The suit claims Tom originally agreed to use the Pasadena home he lives in with Erika as collateral in case he defaulted. They say Tom has made “hollow promises” to repay and allege he hasn’t paid anything. They sued him for $15,151,989.
Tom disputed the allegations in the lawsuit and told The Blast, “The truth of the matter is this. I have not taken one penny from the law firm in the past three years. I have devoted everything to assist in the cases that we have here. Further, the money that was borrowed, we agreed to repay in approximately two weeks before the lawsuit. It is slanderous that the money was for my ‘lifestyle.’ Every penny went for costs in cases that the firm is handling.”
A judge has moved the battle to arbitration, outside of public view. The case is still ongoing.
I’m hoping for the best for Erika and Tom, and I’m glad they are sorting it all out.
Thoughts on this all? Comment below!
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