New Legal Woes for Nicolas Cage
Things have gone from bad to worse for Nicolas Cage.
Just over a month after a Nevada District Court ordered the Kick-Ass star to pay over $2.5 million to Nevada State Bank for a house he had owned that went into foreclosure, Cage is trying to keep his business managers quiet about his financial dealings, according to RadarOnline. The bank, which is suing Cage over costs and fees related to last year's foreclosure on the property, wants to hold depositions in January with his insiders.
In response, the 46-year-old actor has asked a Los Angeles court to ban his managers from speaking to the bank, on the grounds that it would violate the attorney / client privilege. His lawyer fears that they "have demonstrated an intent to publicly disclose private confidential information to harm Cage's reputation and public standing and to obtain undue advantage in this litigation." The matter is currently being considered by the court.
It is estimated that Cage owes over $6 million in back taxes dating back to 2002 on his foreclosed home and other financial holdings. —KIMBERLY STEELE