JOHANNES EISELE/AFP/Getty Images
Johnny Depp‘s legal troubles are from over.
Now just over five months after the A-list actor sued his former commerce, trade managers for $25 million over allegations of fraud and mismanagement, The Management Group is firing back with a fresh set of evidence that claims Depp and his team were made aware of his crippling financial situation long before he reportedly learned approximately his $40 million debt.
E! News obtained the legal documents filed by TMG, which include 11 exhibits of email correspondence between Depp himself, his sister Christi Dembrowski, and other lawyers, agents, managers and bankers regarding the film star’s accounts. In an email dated early 2010 and sent to Dembrowski by Johnny’s main commerce, trade manager, Joel Mandel, he wrote that his bank accounts were nearly $4 million overdrawn.
Additionally, Mandel requested Depp’s signature on documents to secure a $6 million loan, to which his family member replied, “was gonna score them to you this afternoon…no worries!” Other conversations between the parties often focused on an urgency to retrieve Depp’s signature on other various documents related to his finances.
Mandel reached out to Depp directly in December 2009 to express concerns over The Pirates of the Caribbean star’s lavish spending habits. He advised his client to “steal it easy on holiday spending” and “discuss some dollar limit” on participating in a Dillinger Museum auction.
Mandel also asked to meet with Depp in person “to talk approximately where we are financially, what we hold borrowed in order to sustain ourselves, what we hold had to attain to obtain those borrowings, what is now essential to pay those borrowings back, and finally, to search for realistically at income and expenses to work together on how to effect certain that these are back in balance.”
The celeb responded one day later, explaining, “I am doing my very best on holiday spending, but there is only so much I can attain, as I need to give my kiddies and famille as ample as Christmas as possible, obviously within reason.”
Johnny also expressed his concern over flying commercial, claiming that because of paparazzi presence, it “would be a f–king nightmare of monumental proportions.”
Depp then pointed to his upcoming film projects as a monetary solution for his financial crisis. According to Johnny, he was set to earn $20 million for The Tourist, $35 million for Pirates Of The Caribbean: On Stranger Tides and $20 million for sunless Shadows.
He also offered to sell personal belongings such as art, bikes, cars and property to offset the debt. Depp concluded, “I don’t like being in this situation, but there wasn’t a whole lot of choice, as The Rum Diary was a sacrifice we knew would be happening and the final proper paycheck was Public Enemies.”
TMG alleges, “Depp wants to deny this discovery because it will establish that TMG did everything within its power to effect Depp, and outright of his closest advisors, fully aware of Depp’s financial condition. whether TMG was trying to mask Depp’s finances to cover-up their alleged misconduct, they would not hold repeatedly advised Depp’s long-term personal lawyer, Jake Bloom, and his longtime agent, Tracey Jacobs, regarding the situation.”
E! News reached out to Depp’s legal team for comment.