The Mandels categorically deny all wrongdoing and are countersuing, alleging that Depp breached his oral contract with the company.
IMPRESSION OBSESSION DIES PLUS
The suit seeks more than $25 million from TMG, accounting for “tens of millions” it claims TMG illegally took for its commission, plus any additional damages the court sees fit. (Most of the ire is directed toward Joel, who had day-to-day responsibility for Depp’s account.) There are additional charges of conflict of interest, saying that TMG invested Depp’s money for its own purposes and returned it without profit. The suit cites, among other things, that under TMG’s watch Depp’s sister Christi was given $7 million and his assistant, Nathan Holmes, $750,000, without his knowledge, and that he has paid the IRS more than $5.6 million in late fees. He’s suing The Management Group, run by his longtime business manager, Joel Mandel, and his brother Robert for negligence, breach of fiduciary duty and fraud. It’s estimated that Depp has made $650 million on films that netted $3.6 billion. It had taken a month and almost 200 e-mails for the message to become clear: Come to London Johnny Depp wants to bare his soul about his empty bank accounts.
Depp sits at the head of the table and motions toward some rolling papers and two equal piles of tobacco and hash, and asks if I mind.
We move to the dining room for a three-course meal of pad thai, duck and gingerbread with berries. “So are you here to hear the truth?” asks Depp as Russell brings him a glass of vintage red wine. He reaches out a right hand whose fingers recently had their tats changed from “slim” – a reference to his ex-wife Amber Heard – to “scum.”
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