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Avenatti loses thousands in Lisa Storie divorce, Ferrari, watches, report

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Michael Avenatti
Michael
Avenatti leaves the Los Angeles Police Department Pacific
Division after posting bail for a felony domestic violence
charge.

AP Photo/Michael Owen
Baker


  • Michael Avenatti has reportedly been told by a California
    court to hand over some of his luxury assets to fund his divorce,
    which he owes around $2 million on.
  • He’ll hand over his Ferrari 488 GT Spider, five of his luxury
    watches, and shares in a private jet, TMZ cited court documents
    as saying. 
  • Avenatti, Stormy Daniels’ lawyer,
    ruled out a run for president on Tuesday
    , citing family
    objections. 

Michael Avenatti was reportedly ordered to hand over some of his
more luxurious personal assets to fund his divorce settlement on
Tuesday.

The Orange County Superior Court told Avenatti, currently in
divorce proceedings with his estranged wife Lisa Storie-Avenatti,
to sell off personal assets, TMZ cited court documents as
saying.

Avenatti, the activist lawyer who represented a Stormy Daniels
and a number of other women attempting lawsuits against President
Donald Trump and other conservative political figures, will
surrender five of his top-of-the-range watches, some estimated to
cost at least $50,ooo, the report said. 

The news follows Avenatti
ruling out a 2020 White House bid on Tuesday, citing family
reasons. 


Michael Avenatti
Michael Avenatti.
Drew
Angerer/Getty Images


Avenatti has also been ordered to hand over some of his art
collection, including a Frank Gehry sculpture, the report says.

The ex-professional sports car driver will also give up his
leased $300,000 2017 Ferrari 488 GT Spider the report said. 

Read More: Meet
Michael Avenatti, the high-profile lawyer and professional sports
car driver who represents Stormy Daniels and has ruled out a 2020
presidential bid

Storie-Avenatti will reportedly receive funds connected to shares
in a 2016 Honda private jet too, which lawfirm Avenatti &
Associates have been required to hand over. avenatti jet hondaA 2016 Honda
private jet, similar to one Avenatti’s law firm
owns.
Business
Insider

Avenatti also has to pay his ex-wife $37,897-a-month in child
support, back-dated to January 1, 2018, TMZ added. 

Storie-Avenatti will also receive spousal support totalling
$124,398-per-month, which the judge also made retroactive for all
of 2018, TMZ said.

That is a combined payout of $1,947,540 in 2018.

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