Lisa Marie Presley’s estranged husband Michael Lockwood has demanded she pony up $450,000 for the attorney fees he’s racked up during their divorce battle. Lisa Marie responded by saying that she can’t pay because she’s broke. $450,000 is a drop in the suck bucket for Lisa Marie, who claims to be $16 million in debt. A few months ago, Lisa Marie said her former financial manager Barry Siegel is the reason why she’s got money problems. She also threatened him with a lawsuit. TMZ says that Lisa Marie recently made good on that threat.
Graceland in Memphis is closed today so Lisa Marie Presley can cross the velvet rope and rummage through all the couches and shag carpet in hopes of finding some change…a lot of change. Despite being the heiress to the hip-shaking empire, Elvis Presley’s daughter claims she is in deep debt doo doo to the tune of $16 million. Continue reading
After Lisa Marie Presley split from her fourth husband Michael Lockwood, one of the many things she accused him of was blowing through her $300 million fortune. TMZ says that she’s now blaming $100 million of her money problems on her former money manager. TMZ has obtained a copy of a lawsuit they believe will most likely be filed today by Lisa Marie’s lawyers.
Nowadays whenever news about a celebrity’s divorce comes out, you gotta pull out a bottle of holy water-infused Febreze and prepare to spray, because usually some gross shit follows that news. It seems like most celebrities divorces have been getting beyond ugly and Lisa Marie Presley’s divorce is no exception.
Lisa Marie filed for divorce from her Tom-Petty-As-A-Tim-Burton-Villain-looking ass husband, Michael Lockwood, in June after 10 years of being married. Lisa Marie and Michael have twin 8-year-old daughters, Finley and Harper. Those daughters are now in the custody of the Los Angeles County Department of Children and Family Services after Lisa Marie told the authorities that she found disturbing things on Michael’s computer. It was way more disturbing than pictures of Michael in various busted hats. It was allegedly some Subway Jared-type shit. TMZ says that what was found was serious enough for Finley and Harper to be taken away.
Less than two months after it was revealed that she was ending her ten year marriage to the Mad Hatter’s Sunset Strip-dwelling grandson Michael Lockwood, UsWeekly says Lisa Marie Presley has checked into rehab. Lisa Marie is having a not-great summer. I’m going to stop complaining; salty eyebrow sweat and drinking booze that gets warm 0.4 seconds after you pour it into a glass is nothing compared to dealing with a divorce and rehab at the same time.
Two days ago we found out that Lisa Marie Presley had gone ahead and filed for divorce from her off-brand Tom Petty-looking husband of 10 years, Michael Lockwood. At the time, all we really knew was that she cited “irreconcilable differences” and that she wanted full custody of their 7-year-old twin daughters. Well, TMZ thinks they might have solved the mystery of what killed Lisa Marie’s fourth marriage. And it looks like the main culprit is a whole bunch of missing money.
According to Lisa Marie’s lawyer, Ron Litz, when Lisa Marie and Michael first got together, she let him handle all the finances. Uh oh, I can already see where this is going. Michael kept track of all the money, which is included all the cash coming in from Elvis Presley’s estate. When things started heading south in their marriage, Lisa Marie got suspicious of Michael and decided to take a magnifying glass to their financial situation. That’s when she discovered that a whole lot of money was missing, but she couldn’t tell where it all went.
Another discovery she made was a $109,000 American Express bill. Not long after she found out about the bill, AmEx sued her. TMZ doesn’t say why they sued her, but I’m guessing it was probably an overdue bill and they wanted to get paid. Lisa Marie currently has her legal team working on a forensic audit to determine what in the hell Michael spent $109,000 on, as well as where the rest of the money that vanished during their marriage went.
Michael could be in trouble. According to the postnup they signed after they got married, all of Lisa Marie’s Elvis money is hers and hers alone.
Lisa Marie doesn’t have to hire a team of experts to track down where her money went. I can tell you where that money went: HATS. Michael clearly spent all the money on stupid hats, Lisa. And whatever he didn’t spend on hats, he spent on those Stone Temple Steampunk outfits. You’d think Lisa would have figured something was up once she realized her side of the closet was slowly being taken over by his corny rock star clothes. “I don’t really know what you do for a job, but you sure do seem to have a lot of new custom-made leopard print jackets lately.”