Michael Avenatti’s law firm has been ordered to pay $10 million to a former partner who sued after the firm missed the first installment of a payment owed to him under a bankruptcy settlement reached in December, the Los Angeles Times reports.
Avenatti, who now represents porn star Stormy Daniels, agreed to pay $4.85 million to Jason Frank, a former lawyer at his Newport Beach firm but did not pay the first $2 million installment, according to the suit filed earlier this month in California Superior Court.
The settlement was the result of an arbitration process carried out by three retired judges, which found that the firm, Eagan Avenatti, “acted with malice, oppression and fraud” in concealing its revenue numbers from Frank.
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