Lisa Marie Presley has been ordered to pay her estranged husband, Michael Lockwood, $100,000 despite claiming she can’t afford it.
The daughter of King of Rock Elvis Presley is involved in multiple legal disputes over finances. She recently revealed that she is more than $16 million in debt. Earlier this month, Presley sued her ex-business manager Barry Siegel for mishandling her money, and dwindling her $100 million down to just $14,000. While she sues for breach of trust, negligence and constructive fraud, Siegel is countersuing to insist that it is his former client’s “excessive spending” habits to blame for her financial woes.
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“It’s clear Lisa Marie is going through a difficult time in her life and looking to blame others instead of taking responsibility for her actions,” Siegel told The Blast.
Lockwood, on the other hand, has claimed that Presley has more money than she claims, and initially asked for $450,000 to cover his legal bills from their divorce hearings. The judge has ordered the rocker to pay him $100,000 within 30 days. The ruling was handed down this week to cover Lockwood’s legal fees for their upcoming divorce trial in August.
In Feb. 2017, Presley was ordered to pay him $50,000 as payment for spousal support.
Lockwood is Presley’s fourth husband, and the pair married in 2006. They share twin daughters Harper and Finley, who were born in 2008. Presley filed for divorce in 2016, claiming that Lockwood was a bad father and had “taken advantage” of her financially.
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