Michael Avenatti’s presidential aspirations are quickly going up in smoke. Many people on the left already blame him for public backlash in the Kavanaugh confirmation process. Now his law firm has been hit with a restraining order because he owes a ton of money in numerous cases and for unpaid taxes.
The Los Angeles Times reports:
Bankruptcy judge hits Michael Avenatti’s firm with restraining order to freeze legal fees in 54 cases
A federal bankruptcy judge issued a restraining order late Wednesday to block the firm of Michael Avenatti, the lawyer for porn star Stormy Daniels, from spending any fees it collects while it owes more than $10 million in unpaid debts and back taxes.
The move by Judge Catherine Bauer of U.S. Bankruptcy Court in Santa Ana was a severe blow to Avenatti, whose personal financial troubles have deepened as his star has risen on cable news.
“I don’t want him going out and buying a new house,” Bauer said at a court hearing a few hours before she signed the restraining order.
Bauer’s order covers fees from 54 court cases, including the suit that Daniels filed against President Trump to void the nondisclosure pact that bars her from talking about their alleged 2006 sexual encounter…
His Newport Beach firm, Eagan Avenatti, emerged from Chapter 11 bankruptcy protection in March after reaching agreements to pay its creditors.
But Avenatti soon broke his promise that the firm would meet a May deadline to pay the Internal Revenue Service $440,291 in back taxes, penalties and interest.
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All of this is going to come up again and again if he runs in 2020. He will even face questions about it from other Democrats in the primary process.
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