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Lisa Marie Presley Discussion Thread

Testimony Concludes in Presley Postnuptial Dispute https://mynewsla.com/life/2018/08/14/testimony-concludes-in-presley-postnuptial-dispute/

Lisa Marie Presley testified Tuesday that she believed her estranged husband received the advice of an attorney before he signed the first of two versions of a postnuptial agreement in 2007 that barred him from seeking spousal support if the couple divorced.

“I thought he received counsel before he signed it,” the daughter of singer Elvis Presley said in reference to 57-year-old Michael Lockwood, to whom she has been married for more than 10 years.

Questioned by Lockwood’s lawyer as to whether it was true she never paid Lockwood money or gave him anything in exchange for waiving his right to spousal support, the 50-year-old Presley replied, “Correct.”

The only child of Elvis and Priscilla Presley filed for divorce in Los Angeles Superior Court in June 2016, and a non-jury trial of the validity of her postnuptial agreement with Lockwood — father of her 9-year-old twin daughters — is taking place before Los Angeles Superior Court Judge Dianna Gould-Saltman.

Lockwood maintains the agreement should be nullified because he did not understand what he was signing and because Presley did not have to give up anything in return for avoiding having to pay spousal support.

In other testimony, Presley’s former attorney, Jane Saltsman, said Lockwood’s attorney in 2007 never questioned the validity of the spousal support waiver, but did say he wanted to make sure his client shared in income from any jointly created music.

Lockwood testified Monday that he did not read the two versions of the postnuptial agreement Presley presented him in July and November 2007 before he signed them. He also said he is engaged to his current girlfriend and plans to marry her after his divorce from Presley is finalized.
 
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Lisa Marie Presley Claims Ex ‘Bound’ By Post-Nup In Final Day Of Testimony

After two days of testimony in a Los Angeles court, a judge will now consider whether a postnuptial agreement between Lisa Marie Presley and her estranged husband Michael Lockwood is enforceable and valid, RadarOnline.com can exclusively report.

Attorneys for both parties presented their closing arguments on Wednesday, Aug. 15, 2018 to Judge Dianna Gould-Saltman, who will now consider all testimonies and evidence before announcing her decision.

In his closing argument, Presley’s attorney, Gary Fishbein, said there was nothing ambiguous about the November 2007 postnuptial agreement signed by Presley and Lockwood, which said neither parties would be awarded spousal support or community properties.

“It wasn’t only Mr. Lockwood who waived his rights, my client also waived her rights,” Fishbein said. “Absent of either party having a crystal ball, no one would have known what would happen in the future.”

At the time of the signing of the 2007 agreement, Presley listed her net worth at $62 million, while Lockwood, who was working for his wife on their music, had a negative net worth.

Fishbein said Lockwood had ample opportunity to contact his then attorney, Alan Neiman, to go over details of the postnuptial agreement, but instead Lockwood “was not interested” in examining the document.

“It protects the parties’ reasonable expectation at the time it was made …not 10 years later. …Noting is unfair about the agreement that they entered into,” Fishbein said. “Mr. Lockwood had a choice. You can either sign on the dotted line… or you can say, ‘No, I won’t sign.’ His choice was, ‘I’m going to sign.’ And now he is bound by that choice.”

In his closing argument, Jeff Sturman, Lockwood’s attorney, said the 2007 agreement should not be deemed valid because under the law, people who marry still have “fiduciary duties” and obligations that they must abide by.

“These aren’t people who are leasing a car,” Sturman said. “These are people who were married. The law is clear about spouses have higher obligations to each other.”

Presley only provided seven to eight lines concerning her finances, Sturman said. In contrast, Lockwood allegedly provided nine pages of his assets and other financial information.

“The person with the negative worth is disclosing more than the person with $62 million,” Sturman said. “She wanted him to ‘go fish.’ She wanted that burden to be put on him.”

Sturman also said Lockwood did not read through the agreement because it was mostly “legalise,” and Lockwood was not able to meet with his attorney again before the documents were signed.

Fishbein, however, said Lockwood testified this week that he understood the meaning of the sentence that notes no spousal support will be provided to either parties.

Sturman also said Presley and her then-attorney, Jane Saltsman, withheld information related to the agreement and took “unfair advantage” of Lockwood.

However, Fishbein said claiming attorney-client privilege does not equate “willful suppression,” and Saltman did not thing wrong by not providing information that should only be shared with Presley.

Presley, who was wearing a while shirt and black pants and boots, remained quiet through Wednesday’s hearing.

Lockwood, wearing a blue suit, smiled as he left the courtroom after the hearing.
 
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Marrying Elvis’ daughter may not be key to riches if you sign postnup – twice – without reading it https://www.dailynews.com/2018/08/1...if-you-sign-postnup-twice-without-reading-it/

LOS ANGELES — Lisa Marie Presley’s 2007 postnuptial agreement with her estranged husband barred him from receiving spousal support if they divorced and now that contract should be enforced, the singer’s lawyer told a judge Wednesday.

Attorney Gary Fishbein said in his final argument before Los Angeles Superior Court Judge Dianna Gould-Saltman that musician-producer Michael Lockwood’s claims of being at a disadvantage when he twice signed the agreement should be rejected.

“Was this agreement unfair?,” attorney Gary Fishbein asked. “I think the evidence and the case law supports the fact that didn’t happen.”

But Lockwood’s lawyer, Jeff Sturman, said Presley had only one goal in mind when she brought up the issue of a postnuptial agreement less than a year after the couple married in Japan in 2006.

“She wanted to protect herself, that’s what her goal was,” Sturman said. “She was just out for herself.”

The 50-year-old only child of Elvis and Priscilla Presley filed for divorce in Los Angeles Superior Court in June 2016, and a non-jury trial of the validity of her postnuptial agreement with Lockwood — father of her 9-year-old twin daughters — ended Wednesday morning with the judge taking the case under submission. She did not say when she would rule.

Lockwood, 57, maintains the agreement should be nullified because he did not understand what he was signing and because Presley did not have to give up anything in return for avoiding having to pay spousal support. He testified that he did not read the two versions of the postnuptial agreement Presley presented him in July and November 2007 before he signed them.

But Fishbein said Lockwood contradicted himself because he could not know if he was able to understand something unless he tried to read it first.

“He freely and voluntarily entered the agreement,” Fishbein said.

Fishbein said Lockwood’s admission he was not interested in a document that materially affected his marital relations “was in fact mind-boggling.”

Fishbein said it was Lockwood’s responsibility, not Presley’s, to peruse and comprehend the agreement for himself.

But Sturman said Lockwood is not bound by the agreement because contract law required that Presley give up something in exchange for its enforcement. In contrast, Lockwood forfeited plenty, Sturman said.

“He essentially gave up his connections in the music world so he would be available to her,” Sturman said. “He essentially gave up his career.”
 
Lisa Marie Presley Claims Ex ‘Bound’ By Post-Nup In Final Day Of Testimony
Posted on August 15, 2018 by toptecharena

After two days of testimony in a Los Angeles court, a judge will now consider whether a postnuptial agreement between Lisa Marie Presley and her estranged husband Michael Lockwood is enforceable and valid, RadarOnline.com can exclusively report.

Attorneys for both parties presented their closing arguments on Wednesday, Aug. 15, 2018 to Judge Dianna Gould-Saltman, who will now consider all testimonies and evidence before announcing her decision.

In his closing argument, Presley’s attorney, Gary Fishbein, said there was nothing ambiguous about the November 2007 postnuptial agreement signed by Presley and Lockwood, which said neither parties would be awarded spousal support or community properties.

“It wasn’t only Mr. Lockwood who waived his rights, my client also waived her rights,” Fishbein said. “Absent of either party having a crystal ball, no one would have known what would happen in the future.”

At the time of the signing of the 2007 agreement, Presley listed her net worth at $62 million, while Lockwood, who was working for his wife on their music, had a negative net worth.

Fishbein said Lockwood had ample opportunity to contact his then attorney, Alan Neiman, to go over details of the postnuptial agreement, but instead Lockwood “was not interested” in examining the document.

“It protects the parties’ reasonable expectation at the time it was made …not 10 years later. …Noting is unfair about the agreement that they entered into,” Fishbein said. “Mr. Lockwood had a choice. You can either sign on the dotted line… or you can say, ‘No, I won’t sign.’ His choice was, ‘I’m going to sign.’ And now he is bound by that choice.”

In his closing argument, Jeff Sturman, Lockwood’s attorney, said the 2007 agreement should not be deemed valid because under the law, people who marry still have “fiduciary duties” and obligations that they must abide by.

“These aren’t people who are leasing a car,” Sturman said. “These are people who were married. The law is clear about spouses have higher obligations to each other.”

Presley only provided seven to eight lines concerning her finances, Sturman said. In contrast, Lockwood allegedly provided nine pages of his assets and other financial information.

“The person with the negative worth is disclosing more than the person with $62 million,” Sturman said. “She wanted him to ‘go fish.’ She wanted that burden to be put on him.”

Sturman also said Lockwood did not read through the agreement because it was mostly “legalise,” and Lockwood was not able to meet with his attorney again before the documents were signed.

Fishbein, however, said Lockwood testified this week that he understood the meaning of the sentence that notes no spousal support will be provided to either parties.

Sturman also said Presley and her then-attorney, Jane Saltsman, withheld information related to the agreement and took “unfair advantage” of Lockwood.

However, Fishbein said claiming attorney-client privilege does not equate “willful suppression,” and Saltman did not thing wrong by not providing information that should only be shared with Presley.

Presley, who was wearing a while shirt and black pants and boots, remained quiet through Wednesday’s hearing.

Lockwood, wearing a blue suit, smiled as he left the courtroom after the hearing.
 
Lisa Marie Presley's estranged husband spoke of death threats following the split
His attorney told a court Ms Presley made him a 'pariah' in the music industry http://www.dailymail.co.uk/news/art...usband-said-received-death-threats-split.html

Lisa Marie Presley's estranged husband, musician Michael Lockwood, received death threats when they split after 10 years of marriage, his attorney told a Los Angeles court on Wednesday.

'Michael had death threats. Miss Presley sold his musical equipment that he uses to make a living. She turned him into a pariah in the music business,' attorney Jeff Sturman told Judge Dianna Gould-Saltman on the third day of the former couple's messy divorce trial.

Sturman said that when Presley, 50, filed for divorce in 2016, her annual income was around $2.2 million, while Lockwood's was negative $3,300.

Lisa Marie Presley's estranged husband, musician Michael Lockwood , received death threats when they split after 10 years of marriage, his attorney said 'He had nothing - and she doesn't care,' he told LA Superior Court. 'She is just looking out for herself. She had her inheritance from her father and whatever else she had and she did not want him (Lockwood) to get a piece of it.'

The central issue of the divorce trial is the validity of a post-nuptial agreement signed by Presley and Lockwood, 57, in July 2007 and again in November that year.

Presley - who has claimed she sold Lockwood's musical equipment to reimburse some of her losses from Lockwood running up 'possibly millions' on her credit card - Lockwood wants the judge to tear it up, contending that it's invalid because he didn't read it before he signed it because it 'didn't interest him' and his attorney at the time didn't explain the details of the prenup to him.

In court Wednesday, Presley - in a cream silk blouse, black pants and boots and a long black coat - looked on as both Sturman and her lawyer, Gary Fishbein - outlined their cases for declaring the post-nup wholly or partially valid or not.

Fishbein began by telling the court, 'I have been doing this for 38 years and I have never heard of anyone asking a court to void an agreement on the basis of saying, 'I didn't read that agreement', following it by saying, 'I wasn't interested in it.'

Guitarist Lockwood was paid around $245,000 a year as her musical director by Presley in 2006, the year they married, and $150,000 in 2007, the year they signed the post-nup.

'So he was self-sufficient at that time,' argued Fishbein. 'He was not disadvantaged. He waived spousal support in the post-nuptial agreement that he chose not to read.

'Lockwood freely and voluntarily entered into the post-nuptial agreement. He acknowledged that he was not threatened, Miss Presley did not threaten to divorce him if he didn't sign.

'Mr Lockwood said that he didn't read a single word of the post-nup because it was not interesting to him. Frankly that is mind-boggling.' Lockwood has claimed that Presley hid her wealth from him, but, Fishbein told the court that in a statement of her assets and liabilities attached to the 2007 post-nup, her worth at the time was listed as $62 million.

'If Mr. Lockwood had bothered to read the agreement he would have known that, said Fishbein. 'But he wasn't interested.'

He added: 'Miss Presley remained in the marriage under the mistaken understanding that he was going to honor this post-nuptial agreement.'

Lockwood's lawyer, Sturman, questioned whether Presley had fully disclosed her finances to her soon-to-be-ex husband. 'Were they just fiction?' he asked.

Sturman took issue with the fact that in financial statements attached to the post-nup, Presley's list of $62 million in assets, plus liabilities was only eight lines long, whereas Lockwood took nine whole pages to describe his negative zero worth. 'She was apparently telling him 'Go fish.' Fishbein retorted, 'So what? There was no misrepresentation, concealment or fraud.

Mr Lockwood had the opportunity to investigate Miss Presley's finances but he chose not to. He can't complain about it later.'

When Presley was in the witness box Tuesday, she admitted her memory was 'foggy' and Wednesday Sturman made a point of saying that she couldn't remember the date or year she married Lockwood or how long their marriage was.

'She can't remember whether she had one or five conversations with Mr Lockwood about their post-nup,' he said. Sturman said that when Presley was paying Lockwood a retainer in 2007, 'She wanted him to only work for her.

So he gave up his connections in the music business world. She was paying him a retainer to be available to her.' He added that when Presley 'supposedly discovered' that Lockwood had run up her credit card to 'thousands or millions…….she sold his musical property - guitars, amplifiers, computers - the things he uses to make a living.'

Sturman said that if the post-nup was determined by the judge to be wholly valid and Lockwood received no money from Presley, not only would he be left living on a 'poverty-level' income, 'to add insult to injury he would also be in the hole for hundreds of thousands of dollars in legal fees. He has nothing.'

Judge Gould-Saltman adjourned the case to consider her decision on the validity of the post-nup. Presley - who last week persuaded a judge to seal from public view any documents about custody of the couple's nine-year-old twin daughters, Finley and Harper - filed for divorce from Lockwood in June 2016 .

She has since confessed that she had a serious drug problem - and had to got into rehab several times - during the last three years of her marriage.

Last February, Presley was ordered by Judge Patrick Cathcart to pay Lockwood, $100,000 in legal fees - though that was less than a quarter of what he was asking for.

Lisa Marie has said in court documents that she's some $16 million in debt, ten million of which is owed in back taxes.

And in February she filed a separate lawsuit in LA against her former business manager, Barry J. Siegel, accusing him of frittering away her one-time $100 million trust fund and charging her $700,000 a month wile he was losing her fortune.
 
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Thankyou for steady reporting. It`s clear that Lookwood will loose. I don`t understand how he even thinks he will get a hit with his arguments.
Will be interesting how the custodiy-question will be resolved. Mabye Lookwood will be waive it for a big paycheck from Lisa.

When does the trial against Siegel start? I think it will be really intresting to see the facts each side can bring.
 
Thanks ;).....I can't see him winning, based on the evidence he has given in court. However, you never know for sure in these type of cases. The custody case is scheduled for October.....and the Siegel one is ongoing, so those too will be interesting to see what happens. What a mess!
 
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Michael Lockwood And Why Reading A Prenuptial Agreement Is Important http://prenuptialagreement.ekglaw.c...michael-lockwood-and-why-reading-a-prenuptial

Michael Lockwood claims that he did not read his prenuptial agreement with Lisa Marie Presley in 2007 before marrying her in an August 2018 hearing on the validity of the document. Lockwood testified, “Had I read this, I wouldn’t have signed it” and “I think it’s unfair.” When asked why he did not read it Lockwood responded, “For what I do for a living, this isn’t something I can wrap my head around. I don’t understand how you understand it.” When asked what he did know Lockwood stated, “I knew she had a house, I knew who her father was, that she could support her career and pay for her band.”

Not reading and understanding a prenup may not be a good enough defense in most cases to challenge the document as not being valid. Just having the opportunity to review it and being represented by separate legal counsel who reviews the document are enough in most jurisdictions if one signs the agreement without reading it or fully understanding all of the terms. The time to challenge or negotiate the terms of a prenuptial agreement are before one signs it so it is important to reflect on how each term may affect the rest of one’s life.
 
For those who can't access the Listening Party Interview 11/08/18 on FaceBook, here is another version of the event :cool:....

 
Inside Lisa Marie Presley’s $62 Million Divorce Web Of Lies! The singer 'detests' Michael Lockwood and is 'desperate to avoid paying him.'

Lisa Marie Presley has been busted in a bald-faced $62 million lie!

In Hollywood’s ugliest divorce war, Elvis‘ daughter is claiming she’s flat broke and doesn’t have the dough to pay off baby daddy Michael Lockwood.

But Radar has learned Presley spends money like water and is sitting on a pot of gold.

“Lisa is living in a plush new million-dollar mansion in the Calabasas area and has another deluxe property in Malibu on the water,” said an insider. “She drives a fancy Maserati and is never short of cash.”

“The idea that she’s crying poverty is a joke to anyone who knows her,” continued the insider. “She’s absolutely loaded with cash, but she’ll do anything to avoid paying Michael a dime more than she has to!”

The pair’s bitter divorce battle has been raging since June 2016 when Presley, 50, claimed her spouse of ten years blew threw her money and had kiddie porn on his computer — a charge he denies.

Lockwood, 57, has fired back, maintaining Presley – who freely admits abusing drugs and booze during their marriage – is an unfit mother to their nine-year-old twin daughters.

In previous court depositions, the struggling musician testified he’d hit rock bottom, earning a paltry $25 per hour while working at a guitar store.

He wants $263,000 a year in alimony, claims he’s entitled to that amount since Lisa Marie earns a whopping $4.2 million annually.

But Elvis’s only child is pleading poverty.

The singer has accused former business manager Barry Siegel of mismanaging her dough, and she’s suing him for breach of trust, negligence and constructive fraud.

Presley is also claiming her share of Elvis’s fortune is now only valued at around $20,000.

But in the couple’s latest legal slugfest, Presley is battling to enforce their postnuptial agreement — which reveals she’s fabulously wealthy.

According to the 2007 document, Presley is the sole trustee and beneficiary of the Promenade Trust, which owns 15 percent of Elvis Presley enterprises — and was worth $62.7 million at the time.

What’s more, the document states neither partner shall be paid spousal support “at any time, regardless of circumstances” — meaning Lockwood isn’t entitled to any alimony.

Lockwood has claimed that he was not aware of what he was signing, never read the document and its terms were never explained to him.

But Presley has argued his “feigning amnesia or ignorance” is nothing but an obvious money grab.

The source said: “Lisa detests Michael and is desperate to avoid paying him, while Michael suspects she’s found a clever way to hide her money.”

“The truth remains that this is a woman who spends a fortune on designer clothes, shops at fancy stores constantly and checks into five-star hotels in Santa Barbara a few times a month,” added the source.

“Sooner or later Lisa Marie will have to pay Michael off. That’s her worst nightmare, and the scenario she’s desperate to avoid.”
 
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I have been checking to see if their were any outfits Lisa wore during the MJ era at the exhibition.......and this is what I found with MJ in 94 and Janets' The Velvet Rope Party in 97 (next to the "I never not wanted to be a singer" quote).

DkQSe6OXsAA_t8f
 
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Lisa Marie Presley Scores Huge Win vs. Estranged Hubby ... No Spousal Support for You!!! http://m.tmz.com/#!article/2018/08/...stnuptial-agreement-divorce-michael-lockwood/

Lisa Marie Presley won't have to pay her estranged hubby spousal support ... 'cause the postnuptial agreement they signed in 2007 says she doesn't have to pony up a penny and it's ironclad.

According to new legal docs obtained by TMZ ... the judge said the agreement Michael Lockwood signed in 2007 -- after they married in 2006 -- is legit. Michael gave up his right to spousal support, something they've been at war over for the last week.

Even though Michael testified he had NOT read the postnup when he signed it, the court ruled signing it on the advice of his attorney holds up because it means he understood what he was signing based on what his lawyer was telling him.

This is just the latest in Lisa and Michael's divorce war. She was ordered back in February to pay him $100k in legal fees.
 
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Lisa Marie’s Victory! Judge Rules Presley Does Not Have To Pay Ex Spousal Support

Michael Lockwood argued the former couple’s post-nup was invlaid.

Lisa Marie Presley has won a nasty court battle with her ex-husband Michael Lockwood, RadarOnline.com can confirm.

After Lockwood, 57, tried to get the court to toss out the couple’s 2007 post-nuptial agreement, a judge ruled that the contract is indeed valid — meaning Elvis’ famous daughter, 50, will not have to pay her former husband a dime in spousal support.

“Both parties, and their counsel, acknowledged in the agreement that neither had obtained any unfair advantage as a result of the agreement,” Judge Dianna Gould-Saltman wrote in the August 17 filing. “While that mere statement, alone, is not dispositive, the statement, coupled with the actions of both parties and their counsel, support that the presumption of undue influence did not arise.”

“The Court finds that the post-nuptial agreement signed by the parties November 28, 2007 us valid and enforceable in whole.”

READ THE SHOCKING COURT RULING https://radaronline.com/wp-content/uploads/2018/08/LISA-MARIE-DOCS.pdf

Lockwood, the father of Presley’s 9-year-old twin daughters, previously argued that he did not read the post-nup before signing, and that he has “negative net worth” after dedicating himself to Presley’s career.

However, Presley testified that her ex stole “millions” from her during their ten-year marriage.

Though she will not have to pay spousal support, she was previously ordered to fork over $100,000 for her ex’s attorney fees.
 
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Lisa Marie Presley won't have to pay estranged husband Michael Lockwood spousal support due to 'ironclad' post-nuptial agreement http://www.dailymail.co.uk/tvshowbi...husband-Michael-Lockwood-spousal-support.html

Lisa Marie Presley celebrated a victory today after a judge ruled that she doesn’t have to pay a penny to her estranged husband Michael Lockwood in their bitter divorce, according to court documents seen by DailyMail.com

Lockwood had argued in court last week that an 'ironclad' post-nuptial agreement the couple signed in 2007 - in which both signed away their rights to each other’s property and spousal support - should be torn up because he didn’t read it and his attorney at the time didn’t explain it to him.

But after four days to consider the evidence presented during last week’s three-day trial, Los Angeles Superior Court Judge Dianna Gould-Saltman ruled: ‘The Court finds that the post-nuptial agreement signed by the parties November 28, 2007 is valid and enforceable in whole.’

The judge added: ‘If Respondent (Lockwood) elected not to read it (the post-nup) and accept the consequences that it would be upheld, that is also his choice.'

She had been ordered in February to fork over nearly $100,000 in his legal fees.

Michael received threats against his life when they split after 10 years of marriage, his attorney told a Los Angeles court on Wednesday.

'Michael had death threats. Miss Presley sold his musical equipment that he uses to make a living. She turned him into a pariah in the music business,' attorney Jeff Sturman told the judge on the third day of the former couple's messy divorce trial.

Sturman said that when Presley, 50, filed for divorce in 2016, her annual income was around $2.2 million, while Lockwood's was negative $3,300.

'He had nothing - and she doesn't care,' he told LA Superior Court. 'She is just looking out for herself. She had her inheritance from her father and whatever else she had and she did not want him (Lockwood) to get a piece of it.'

The central issue of the divorce trial was the validity of a post-nuptial agreement signed by Presley and Lockwood, 57, in July 2007 and again in November that year - more than one year after the couple were married.

In that document, both gave up rights to each other's property and both gave up the right to claim spousal support off the other should they divorce.

Presley - who has claimed she sold Lockwood's musical equipment to reimburse some of her losses from Lockwood running up 'possibly millions' on her credit card - wanted the post-nup enforced.

'Michael (seen above) had death threats. Miss Presley sold his musical equipment that he uses to make a living. She turned him into a pariah in the music business,' attorney Jeff Sturman said.The central issue of the divorce trial was the validity of a post-nuptial agreement signed by Presley and Lockwood, 57, in July 2007 and again in November that year - more than one year after the couple were married; seen during a Today show segment in August.

Lockwood wants the judge to tear it up, contending that it's invalid because he didn't read it before he signed it because it 'didn't interest him', and his attorney at the time didn't explain the details of the post-nup to him.

In court Wednesday, Presley - in a scream silk blouse, black pants and boots and a long black coat - looked on as both Sturman and her lawyer, Gary Fishbein - outlined their cases for declaring the post-nup wholly or partially valid or not.

Fishbein began by telling the court, 'I have been doing this for 38 years and I have never heard of anyone asking a court to void an agreement on the basis of saying, 'I didn't read that agreement', following it by saying, 'I wasn't interested in it.'

Guitarist Lockwood was paid around $245,000 a year as her musical director by Presley in 2006, the year they married, and $150,000 in 2007, the year they signed the post-nup.

'So he was self-sufficient at that time,' argued Fishbein. 'He was not disadvantaged. He waived spousal support in the post-nuptial agreement that he chose not to read.

'Lockwood freely and voluntarily entered into the post-nuptial agreement. He acknowledged that he was not threatened, Miss Presley did not threaten to divorce him if he didn't sign.

'Mr Lockwood said that he didn't read a single word of the post-nup because it was not interesting to him. Frankly that is mind-boggling.' Lockwood has claimed that Presley hid her wealth from him, but, Fishbein told the court that in a statement of her assets and liabilities attached to the 2007 post-nup, her worth at the time was listed as $62 million.

'If Mr. Lockwood had bothered to read the agreement he would have known that, said Fishbein. 'But he wasn't interested.'

He added: 'Miss Presley remained in the marriage under the mistaken understanding that he was going to honor this post-nuptial agreement.'

Lockwood's lawyer, Sturman, questioned whether Presley had fully disclosed her finances to her soon-to-be-ex husband. 'Were they just fiction?' he asked.

Sturman took issue with the fact that in financial statements attached to the post-nup, Presley's list of $62 million in assets, plus liabilities was only eight lines long, whereas Lockwood took nine whole pages to describe his negative zero worth. 'She was apparently telling him 'Go fish.' Fishbein retorted, 'So what? There was no misrepresentation, concealment or fraud.

Mr Lockwood had the opportunity to investigate Miss Presley's finances but he chose not to. He can't complain about it later.'

When Presley was in the witness box Tuesday, she admitted her memory was 'foggy' and Wednesday Sturman made a point of saying that she couldn't remember the date or year she married Lockwood or how long their marriage was.

'She can't remember whether she had one or five conversations with Mr Lockwood about their post-nup,' he said. Sturman said that when Presley was paying Lockwood a retainer in 2007, 'She wanted him to only work for her.

So he gave up his connections in the music business world. She was paying him a retainer to be available to her.' He added that when Presley 'supposedly discovered' that Lockwood had run up her credit card to 'thousands or millions…….she sold his musical property - guitars, amplifiers, computers - the things he uses to make a living.'

Sturman said that if the post-nup was determined by the judge to be wholly valid and Lockwood received no money from Presley, not only would he be left living on a 'poverty-level' income, 'to add insult to injury he would also be in the hole for hundreds of thousands of dollars in legal fees. He has nothing.'

Judge Gould-Saltman adjourned the case to consider her decision on the validity of the post-nup. Presley - who last week persuaded a judge to seal from public view any documents about custody of the couple's nine-year-old twin daughters, Finley and Harper - filed for divorce from Lockwood in June 2016 .

She has since confessed that she had a serious drug problem - and had to got into rehab several times - during the last three years of her marriage.

Last February, Presley was ordered by Judge Patrick Cathcart to pay Lockwood, $100,000 in legal fees - though that was less than a quarter of what he was asking for.

Lisa Marie has said in court documents that she's some $16 million in debt, ten million of which is owed in back taxes.

And in February she filed a separate lawsuit in LA against her former business manager, Barry J. Siegel, accusing him of frittering away her one-time $100 million trust fund and charging her $700,000 a month wile he was losing her fortune.
 
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Presley Daughter Prevails in Spousal Support Row https://mynewsla.com/weather/2018/08/20/presley-daughter-prevails-in-spousal-support-row/

Lisa Marie Presley’s 2007 postnuptial agreement with her estranged husband that barred him from receiving spousal support if they divorced is valid, a judge ruled.

The ruling handed down Friday by Los Angeles Superior Court Judge Dianna Gould-Saltman was a victory for the 50-year-old Presley and a defeat for the 57-year-old musician/producer Michael Lockwood.

“The court finds that the postnuptial agreement signed by the parties Nov. 28, 2007, is valid and enforceable in whole,” Gould-Saltman wrote in a seven-page ruling.

The only child of Elvis and Priscilla Presley filed for divorce in Los Angeles Superior Court in June 2016 and the judge said she was skeptical of Lockwood’s claim he didn’t read the postnuptial agreement until well after Presley filed for divorce.

“The court finds (Lockwood’s) assertion that he only read the postnuptial agreement for the first time at his September 2017 deposition strains credibility,” Gould-Saltman wrote.

She also noted that Lockwood testified “over and over” that he decided not to read the agreement, but to sign it anyway.

The judge’s ruling follows a three-day trial of the issues before her last week. She took the case under submission Wednesday.

Attorney Gary Fishbein said in his final argument that Lockwood’s claims of being at a disadvantage when he twice signed the agreement should be rejected.

“Was this agreement unfair?,” attorney Gary Fishbein asked. “I think the evidence and the case law supports the fact that didn’t happen.”

But Lockwood’s lawyer, Jeff Sturman, said Presley had only one goal in mind when she brought up the issue of a postnuptial agreement less than a year after the couple married in Japan in 2006.

“She wanted to protect herself, that’s what her goal was,” Sturman said. “She was just out for herself.”

Lockwood, 57, maintained the agreement should be nullified because he did not understand what he was signing and because Presley did not have to give up anything in return for avoiding having to pay spousal support. He testified that he did not read the two versions of the postnuptial agreement Presley presented him in July and November 2007 before he signed them.

But Fishbein said Lockwood contradicted himself because he could not know if he was able to understand something unless he tried to read it first.

“He freely and voluntarily entered the agreement,” Fishbein said.

Fishbein said Lockwood’s admission he was not interested in a document that materially affected his marital relations “was in fact mind-boggling.”

Fishbein said it was Lockwood’s responsibility, not Presley’s, to peruse and comprehend the agreement for himself.

But Sturman said Lockwood was not bound by the agreement because contract law required that Presley give up something in exchange for its enforcement. In contrast, Lockwood forfeited plenty, Sturman said.

“He essentially gave up his connections in the music world so he would be available to her,” Sturman said. “He essentially gave up his career.”
 
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I'm surprised. Only because she supposedly made him sell his equipment-and that's his way of making a living. I thought they'd make her pay some kind of settlement to make up for that equipment. Huh!!!
 
barbee0715 said:
I'm surprised. Only because she supposedly made him sell his equipment-and that's his way of making a living. I thought they'd make her pay some kind of settlement to make up for that equipment. Huh!!!
Click to expand...

It will be very interesting to see if he decides to appeal today's verdict, and what might happen on October 10 with that custody case. I bet the info about that will be "leaked," in order to get some much needed $$$$$$$$, which he didn't acheive with the spousal support case.
 
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Well that didn't take long for Lockwood to respond to Radaronline....I mean the "news".....whatever.

Lisa Marie Crushes ‘Disappointed’ Ex Husband In Nasty Divorce Case
Judge rules pre-nup Presley's ex signed is solid.

Lisa Marie Presley’s estranged husband, Michael Lockwood, said he will take time to figure out his next legal move after a Los Angeles judge ruled a postnuptial agreement the former couple signed is valid, RadarOnline.com learned exclusively.

Under that 2017 agreement, both parties agreed neither will received spousal support or property from each other in the event their marriage should dissolve. Presley filed for divorce in June 2016 after 10 years of marriage. They have two twin 9-year-old daughters, Harper and Finley.

“Mr. Lockwood is disappointed and he is considering what his options are and what to do next,” said Lockwood’s attorney, Jeff Sturman, in an exclusive interview with Radar. “At this time, he has no further comment.”

In her Aug. 17, 2018 ruling, Judge Dianna Gould-Saltman said, “Respondent (Lockwood) testified that he felt compelled to sign the agreement because Petitioner (Presley) was not a ‘take no’ kind of woman. That does not persuade the court that any undue influence … took place. Both parties testified the Petitioner did not threaten to divorce him or take any other action if he did not sign the agreement.”

Sturman said Lockwood has several options to consider. Lockwood could wait until a final judgement is rendered on the entire divorce matter and then file an appeal.

Lockwood also could ask the trial court to certify the recent ruling concerning the postnuptial agreement so that he could file an appeal right away. The appellate process, however, usually takes anywhere from one to two years, Sturman said.

Presley’s attorney, Gary Fishbein, could not be reached for comment.
 
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I wonder if it was Lockwood who gave this MJ note to that auction during the Storm & Grace era, given now what we know about him using Lisa money behind her back etc? hmmmmmmm

DG4-PfGXYAIieRI.jpg:large
 
Lisa Marie Presley's ex Michael Lockwood gets pulled over by cops during outing with twin daughters

One week after losing their court battle, Lisa Marie Presley's estranged fourth husband Michael Lockwood was pulled over by police for evidently running a stop sign in Calabasas on Monday.

The 57-year-old guitarist was said to have successfully argued his way out of the ticket and he was able to leave the shopping center without incident.

The silver-haired California native had been bonding with their nine-year-old fraternal twin daughters Harper and Finley, as well as a woman appearing to be his new fiancée Stephanie.

According to court trial transcripts - Michael has been earning $2,000-$2,500 a month working as a store clerk, factory worker, teaching guitar, and playing guitar in session recordings.

Lockwood wanted $263K a year in spousal support, but LA Superior Court judge Dianna Gould-Saltman ruled on August 20 that their 2007 post-nuptial agreement was 'valid and enforceable in whole.'

The bearded musician essentially waved away any rights to community property or spousal support when he signed the legal document 18 months after their 2006 Kyoto nuptials.

Free to go: The 57-year-old guitarist was said to have successfully argued his way out of the ticket and he was able to leave the shopping center without incident

Fraternal twins: The silver-haired California native had been bonding with their nine-year-old daughters Harper and Finley, as well as a woman appearing to be his new fiancée Stephanie

The 50-year-old Elvis heiress - who's also suing her former business manager - originally hired Michael to be her musical director in 2004 at $3,500 a week, but they fell in love on the road.

Lockwood previously worked for recording artists such as Aimee Mann, Jon Brion, Fiona Apple, Carly Simon, Susanna Hoffs, and Salt-N-Pepa.

The Memphis-born belle - whose mother is Priscilla - was only 9 when 'The King' died age 42 in 1977, and she still owns his beloved Graceland in Tennessee.

Presley allowed her 29-year-old daughter Riley Keough to do the ribbon cutting duties at the new Lisa Marie: Growing Up Presley exhibit at the 18-room mansion-turned-museum on August 10.

Lisa Marie - who was also once married to Michael Jackson, Nicolas Cage, and Danny Keough - recently announced plans to pen her tell-all autobiography in the near future.
 
Lisa Marie Presley talks Elvis, Graceland and Gospel #ElvisWeek2018 Memphis 8.11.18 by Deena Dietrich :kickass:

 
Lisa Marie Presley & Bitter Ex Forced To Meet Face-To-Face For Divorce Resolution Conference
A judge ruled the star will not have to pay Michael Lockwood spousal support.

After a judge ruled that Lisa Marie Presley‘s post-nup is valid — and therefore the star will not have to pay her estranged husband Michael Lockwood a dime in spousal support — the couple has been ordered to undergo a case resolution conference, RadarOnline.com can exclusively report.

According to Los Angeles Superior Court documents obtained by Radar, both Presley, 50, and Lockwood, 57, will have to meet with a judge or commissioner so they can inform the court of their timetable for resolving their complicated, tumultuous case.

READ THE COURT PAPERS https://radaronline.com/wp-content/...-Presley-vs-Michael-Lockwood-divorce-copy.pdf

But first, before the official conference, the bitter exes must meet up informally with their attorneys to discuss possible ways to come to an agreement.

“In this ‘meet and confer’ meeting, the parties must talk about what each side is asking for in the case, each party’s position on each issue [and] a reasonable suggested way to solve each issue,” the court documents state.

The parents of 9-year-old twins Harper and Finley have hardly agreed on anything since their 2016 split. Most recently, they battled over their post-nup agreement, with Lockwood claiming it was invalid and complaining he got “nothing” in the contract.

Presley said he willingly signed the agreement, and he must abide by the terms. A judge ultimately agreed with her, and now Presley will not have to pay her ex any support.

The former couple will return to court for their next hearing on September 25.
 
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Lisa Marie’s Angry Ex To Appeal Post-Nup Ruling & Continue Fight For Spousal Support
Michael Lockwood argued former couple’s agreement is invalid in nasty divorce battle.

The court battle isn’t over yet between Lisa Marie Presley and her ex concerning their post-nuptial agreement, according to court documents obtained exclusively by RadarOnline.com.

READ THE COURT DOCUMENTS https://radaronline.com/wp-content/...-ex-michael-lockwood-appeal-post-nup-docs.pdf

In court documents filed on Aug. 27, 2018, Michael Lockwood said he does not agree with a recent court decision that found the post-nuptial agreement he and Presley signed to be valid. Under that 2017 post-nup, both parties agreed neither will receive spousal support or property from each other in the event their marriage should dissolve.

After a three days of testimony, a Los Angeles judge on Aug. 17, 2018 ruled that post-nuptual agreement is valid. Under California law, a judge must certify a ruling before a case could be filed in a court of appeals, so Lockwood and his attorney, Jeff Sturman, filed a request for an order.

Presley filed for divorce from Lockwood in June 2016 after 10 years of marriage. They have two twin 9-year old daughters, Harper and Finley.

“I am asking the Court to certify its August 17, 2018 ruling for appeal so that I can proceed with an appeal now, not wait until some later time,” Lockwood write in a declaration. “This Court has not been considering issues regarding to the custody of our twin daughters because of a pending Dependency Court case. While I believe that case will be dismissed, even if it is, I do not know how long it will take to resolve the custody issue. Therefore, if I cannot appeal the August 17, 2018 ruling until custody issues (and perhaps other issues) are resolved, it appears that my opportunity to have an appellate court review the August 17, 2018 ruling will be indefinitely delayed, which will further postpone my recent of spousal support in the event that the Court of Appeals agrees with me that the Post-Nuptial Agreement is not valid or enforceable.”

Sturman wrote in the affidavit that until the validity of the agreement is “ultimately established,” the divorce case cannot be settled.

“She is not paying spousal support even though the parties were married for more than 10 years, Respondent’s (Lockwood) income is only about $2,500 per month, and Petitioner’s (Presley) income is about $183,000 per month,” Sturman wrote. “If the Ruling is affirmed, she may still pay no spousal support and she will have the opportunity to request that she be awarded prevailing party fees.”

Presley and her attorneys have filed an objection to Lockwood’s request to certify the post-nuptual agreement ruling, according to court documents.
 
Lisa Marie Slams Estranged Husband’s Attempt To Overturn Post-Nup

Lisa Marie Presley’s attorney said Michael Lockwood Opens a New Window. is only trying to “reargue” a recent court decision about their post-nuptial agreement simply because Presley’s estranged husband didn’t like the outcome, according to court documents obtained exclusively by RadarOnline.com.GS

Presley filed court papers in Los Angeles Superior Court on Sept. 4, 2018 asking the court to reject Michael Lockwood’s petition for a “statement of decision,” which Lockwood says he needs in order to file an appeal against the judge’s ruling that their post-nuptial agreement is valid.

A statement of decision is important when filing an appeal because it outlines the trial court judge’s reasoning for his or her decision.

After three days of testimony, a Los Angeles judge on Aug. 17, 2018 ruled the 2017 post-nuptial agreement signed by Presley and Lockwood is valid. Under that 2017 agreement, both parties agreed neither will receive spousal support or property from each other in the event their marriage should dissolve.

READ PRESLEY’S COURT DOCUMENTS HERE https://radaronline.com/wp-content/...presley-divorce-post-nup-michael-lockwood.pdf

According to Presley’s attorney, Michael Fishbein, Lockwood and his attorney, Jeff Sturman, are only trying to reargue the case not for the merits of the law, but because they simply did not agree with the trial court judge’s decision Opens a New Window. that the post-nuptial agreement is valid and she does not have to pay him any money. Fishbein is asking the court to deny Lockwood’s request for a statement of decision.

In a court affidavit obtained by Radar, Sturman said the judge “left open the question” of whether waivers of spousal support could be challenged as “unconscionable at the time of enforcement.”

Fishbein, however, said Lockwood and Sturman are only seeking to reargue evidence.

“Each ‘request’ is followed by a ‘proposal’ consisting of language with contradict and effectively repudiates the decision set forth in the Court’s August 17, 2018 ruling on the bifurcated issue of the validity of the postnuptial agreement,” Fishbein wrote in the affidavit obtained by Radar.
 
Lisa Marie Presley’s Mental & Physical Health Documents Sealed In Nasty Divorce

A Los Angeles judge has ruled that documents related to Lisa Marie Presley’s mental and physical health will be under seal — as Elvis’s daughter continues her nasty divorce case with ex Michael Lockwood, RadarOnline.com has learned.

Presley, 50, filed for divorce from Lockwood, 57, in June 2016 after 10 years of marriage and the two have been battling in court ever since.

In the latest ruling, an order filed on Sept.7, 2018, Judge Joseph Lipnerwrote that “all records, documents and pleadings related to all child custody issues and orders including, without limitation, records relating to the mental and physical health of either party or the parties to the extent such records are introduced in connection with a child custody RFO, and their minor children, shall be filed under seal, subject to any request to unseal, properly filed before this Court.”

READ THE SHOCKING DOCUMENTS HERE! https://radaronline.com/wp-content/...y-mental-docs-sealed-nasty-divorce-docs-1.pdf

A hearing concerning this order has been set for Oct. 10, 2018, according to the affidavit.

Last month, Presley won a court battle after another judge ruled the post-nuptial agreement signed by Presley and Lockwood is valid.

Under that 2017 agreement, both parties agreed not to receive spousal support or property from each other in the event they would divorce.

Lockwood said he intends to fight that ruling on the post-nuptial agreement and take the case to an appellate court.

He is the father of Presley’s twin 9-year old daughters, Harper and Finley.
 
Lisa Marie Ex Wins Victory In Divorce Battle After Judge Supports His Post-Nup Appeal
Presley's estranged husband Michael Lockwood still fighting marital settlements.

Lisa Marie Presley‘s ex, Michael Lockwood, won a battle in court and could be closer to taking steps to appeal a judge’s decision on the validity of their post-nuptial agreement, RadarOnline.com learned exclusively.

During a hearing at Los Angeles Superior Court on Tuesday, Sept. 25, 2018, Judge Dianna Gould-Saltman said she agreed with Lockwood’s request and said “now is the appropriate time” to test her own recent ruling that the former couple’s post-nuptial agreement is “valid and enforceable in whole.”

Lockwood’s attorney, Jeff Sturman, is asking for a “statement of decision,” where Gould-Saltman would outline the reasons why she decided the former couple’s post-nup is valid. Sturman said he needs a statement of decision in order to file an appeal the decision after the entire divorce judgement has been finalized.

Under the November 2017 post-nup, both Presley and Lockwood agreed neither would receive spousal support or property from each other in the event their marriage should dissolve. In court documents, Sturman said Presley is not paying Lockwood any spousal support despite their years of marriage together.

Sturman added Presley has a monthly income of about $183,000 per month, while his client only makes about $2,500 per month.

Elvis’ famous daughter was not at Tuesday’s hearing, but her attorney, Gary Fishbein, argued it would be unfair for his client to have to shoulder the burden of more attorney’s fees should Lockwood continue to challenge the validity of the post-nuptual agreement. He argued Lockwood should instead appeal the decision after the entire divorce judgement has been finalized.

After Sturman said he would hold off on asking for additional attorney’s fees, Gould-Saltman said she would consider Sturman’s request as well as Fishbein’s opposition.

“I think now is an appropriate time to test the ruling,” Gould-Saltman said. “The court will certify the ruling for appeal. Having now found the request for decision … I will take a look at that and I will also take a look at the objections to it. … Having not seen (Sturman’s) request and (Fishbein’s) objections, I kind of wrote (the decision) with the idea in mind that it would be a statement of decision that would address all of the controverted issues. I guess when I see the request, I will see what Mr.Sturman felt was missing.”

In her Aug. 17, 2018 ruling that the post-nuptial agreement is valid, Gould-Saltman wrote Lockwood “was represented by a competent family law counsel through the process. He (Lockwood) cannot complain of not having enough information when, as he testified, he refused to look at the information he had been provided.”

After Tuesday’s hearing, Sturman told Radar exclusively that he thought the judge’s decision was “the right move.” Sturman added he would have to wait for that statement of decision before moving forward with an appeal. Until then, a final ruling on the divorce remains on hold.

Presley filed for divorce from Lockwood on June 24, 2016 after 10 years of marriage. The former couple have two daughters, twins Harper and Finley.
 
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Lisa Marie Presley Seeking Primary Custody of Twin Daughters https://theblast.com/lisa-marie-presley-custody-twins/

Lisa Marie Presley is fighting for sole custody of her twin daughters.

Presley filed documents last week seeking primary physical custody of her daughters, Harper Vivienne Ann and Finley Aaron Love, with ex-husband Michael Lockwood.

The girls were previously under protective custody by the Department of Child and Family Services as part of a dependency court order that has since expired.

Presley and Lockwood were married in 2006 and she gave birth to the twins two years later. She filed for divorce in 2016 after 10 years of marriage.

The couple has spent the last few years arguing over money. Presley is fighting hard to enforce the postnuptial agreement she and her ex-husband signed, which states in par that neither side shall have the right to spousal support “at any time, regardless of circumstances.”
 
Elvis’ Daughter’s Spending Out Of Control! Lisa Marie Accused Of Squandering $100M
Presley's ex business manager says she spent more money than her Trust would provide.

Lisa Marie Presley‘s former business manager said he repeatedly warned her to watch her spending, but Elvis‘ famous daughter allegedly only continued to spend more money than her Trust would provide, according to court documents obtained exclusively by RadarOnline.com!

According to court documents filed on Oct. 10, Barry Siegel, who served as a business manager and a co-trustee of Presley’s Trust, maintains he did not conceal information about the Trust or just how much in a financial hole Presley was in.

SEE THE EXPLOSIVE DOCUMENTS! https://radaronline.com/wp-content/...ry-siegel-elvis-daughter-spent-trust-docs.pdf

Presley blames Siegel for squandering her father’s fortune and claims her former business manager lost her $100 million inheritance, including a failed investment in American Idol. Presley sued Siegel for breach of trust, breach of fiduciary duty, negligence, fraud, negligent misrepresentation and unjust enrichment and accounting. She accused Siegel of “reckless and negligent mismanagement and self-serving ambition.”

Siegel, who is a senior managing director for financial firm Provident Financial Management, LLC., said in his declaration that Presley made various false accusations in the suit, and that he tried numerous times to tell her to curb her spending.

“In addition to these financial reports, I also would go over other financial issues that she of the Trust faced, as needed,” Siegel said in his declaration. “In fact, In an effort to persuade her to reduce her spending, I would often bring detailed monthly income and expense statements to review with Lisa because she routinely would spend more on a monthly basis than she to the Trust received in income. I repeatedly advised her that she needed to reduce her spending, but she refused to do so. Thus, the assertion that I concealed the Trust’s or Lisa’s financial conditions is simply false.”

Siegel also said Presley specifically did not want copies of her financial records “lying around” because “people were always going in and out of her residence.”

Since Presley had a revocable Trust, all of the income and expenses are taxable to Presley’s personal taxes, Siegel said in the affidavit. The business manager said he would review the Trust information and tax returns with her, but Presley allegedly never kept any copies of her returns that were provided to her.

After almost a decade, Siegel said Presley removed him as a co-trustee in March 2016 and appointed her children instead.

Presley alleges Siegel’s mismanagement also left her in $500,000 in credit card debt.

The suit is ongoing and both sides are expected to appear in court in November.

Meanwhile, Presley’s divorce from her estranged husband, Michael Lockwood Opens a New Window. , is also at a standstill after Lockwood said he plans to fight a recent court decision validating their post-nuptial agreement that said Presley does not have to pay him any spousal support.
 
I can` t read the court-documents because they are blocked on my computer. So when Priscilla was a co- trustee with Siegel and Lisa removes them at the same time I imagine as co-trustee Priscilla has to sign all things with Siegel and there can`t be no denying that Pricilla was informed over all things related to trust.

I wonder what Priscilla`s opinion is over the fact that Lisa sue`s Siegel.
 
Annita said:
I can` t read the court-documents because they are blocked on my computer. So when Priscilla was a co- trustee with Siegel and Lisa removes them at the same time I imagine as co-trustee Priscilla has to sign all things with Siegel and there can`t be no denying that Pricilla was informed over all things related to trust.

I wonder what Priscilla`s opinion is over the fact that Lisa sue`s Siegel.
Click to expand...

I bet she will be pissed
 
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