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Bethenny Frankel ex Managers Sues for 100 Million!

Posted by ImaJustSaying on May 11, 2011


 

The Hollywood Reporter has an exlusive on Bethenny Frankel’s ex managers suing her a portion of the Skinny Girl Sale to the tune of 100 million dollars!  What the hell?  I have no clue if they law suit is warranted but it looks like they want to take her for every hard working penny she has.  What is confusing to me, is that Bethenny has a business partner in this venture so its hard to say.

What I dont understand is that we saw Bethenny on Monday nights episode just receive an offer to sell this brand and this was probaly filmed 4 – 5 months ago.  She fired the managers more then 1 years earlier to launching the product and certainly more then 2 years of selling the brand, so.. can someone smell billshit?

 Raw Talent claim they want their cut of the deal — $12 mil — plus $100 mil in punitive damages.   Sure.. let Bethenny create the concoction, peddle it and market it and hand over ALL the money to some money grubbing blood suckers.

Los Angeles-based Raw Talent sued the Real Housewives of New York and Bethenny Ever After star today in L.A. Superior Court. Raw co-president Doug Wald alleges he met Frankel in May 2008, as she was appearing on Real Housewives, and she expressed interest in launching her own unscripted series. He says he then helped introduce her to some agents at APA that specialize in repping reality stars.

According to the complaint, Frankel signed with APA on August 7, 2008 and also agreed orally that day to retain Wald as her personal manager and pay Raw 10 percent of her earnings (she allegedly confirmed the relationship in an email sent the next day).

Wald says Frankel specifically sought out his advice because she thought the Skinnygirl cocktail was underexploited and he could help her make some money from it. 

“She expressly represented that any agreement relating to the exploitation of the Skinnygirl Cocktail Brand would be commissionable under their management agreement,” the complaint says. 

Wald says he then helped Frankel hook up with liquor industry veteran David Kanbar, who put together a business plan for a company that would buy the brand, use Frankel’s celebrity to help market it, and sell it in two years for a hefty profit.

But Raw Talent says Frankel fired Wald in November 2008, days before signing her deal to develop and market Skinnygirl.

You can read the rest of the story here…

I will update later with any responses from Bethenny’s team..

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7 Responses to “Bethenny Frankel ex Managers Sues for 100 Million!”

  1. cali said

    “Commissionable” is the Key word:

    Unless Bethanny had this guy under contract, with or without commission, there is not much he can do. He’s out of luck.

    If he did help her to get her own Reality show, and mixed in the marketing of Skinnygirl, that cost has to be carried by the Bravo Executives who he brokered the Reality Series Deal. The mixed-in Skinny Girl marketing was part of his job, and he may be able to get a small commission pro-rated at his time of service.

    In other words, this guy is full of shit!

  2. LWoo said

    I definitely think he’s full of shit. Why didn’t he do this months ago, for one? Just wait until she does everything and become successful, THEN sue her. I call bullshit.

  3. G-sus said

    It’s like when people win the lottery, all the cousins come out of the woodwork trying to get a piece of the pie.

    • I agree gals!! Also what makes this bogus is it is reported/rumored that Bethenny scored 120 mill for the sale of the brand. Again, reported but she also has a partner and I will just assume its 50/50. cant say for sure. So lets say Bethenny will only get a meager 60 million from the sale which isnt too shabby. isnt 10% of that is 6 mill if its entitled? Why would the earning of her partner have to go to the scum suckers? Greed pours out of the wood work.

      So Bethenny had a relationship with this RT for what is it? 5 months and they now earn 110 million? I am in the wrong business..

  4. BULL*Friggin*SHIT.. Bunch of Bloodsucking Mully Muckers.. I Agree with You all and, G-Sus, you’re Right.. The Scum Bags CRAWL outta The Woodwork when they Smell Money! The Mudda Fuddas *smh*.. I Hope Bethenny’s peeps give us a Statement soon.. Power to You Bethenny..Girlfriend Worked Long & Hard, and I Doubt she Didn’t make Sure All Was in Order, especially before the BIG Sell..

  5. […] Bethenny Frankel ex Managers Sues f&#959r 100 Million! « Tv Time 101 […]

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