TMZ is reporting today that a federal judge has frozen all of Tom Girardi’s assets. Clearly, Erika and Tom saw this coming and that is why Erika filed for divorce. She was trying to leave the sinking ship. Tom’s law firm and been spiraling and I believe his last partner jumped ship recently as well. He is also suing Tom for over half a million dollars. But, that is the least of Tom’s worries at the moment.Back in October of 2018, a Boeing 737 Max airplane in the Lion Air fleet crashed killing everyone onboard due to a mechanical issue. Tom Girardi approached the surviving family members of the crash to be their attorney in negotiations with Boeing. It is unclear how much the families were awarded in total. However, there is at least two million dollars missing from the client account. It’s also unclear to me if Girardi even set up a client account of if funds were commingled with the law firm accounts. That is illegal. The judge that froze his assets today also referred the case to the US Attorney’s Office for possible criminal investigation.
It Gets Even Worse For Tom Girardi
Lawyers for Girardi claim that the law firm currently has only, $15,000 in their bank account. They are unable to pay the clients the outstanding two million dollars.
Even more shocking his lawyers claim that they have concerns about his mental capacity. They don’t think he understands how much trouble he is in. His lawyers have asked the judge to require a mental evaluation of Tom Girardi before any court battles take place.
To make matter worse, Girardi’s partners in a venture called 1126 Wilshire filed legal docs to dissolve the partnership. Those partners claim he “fraudulently encumbered property the partnership owns” worth around $7.5 million.
It’s not looking like a Merry Christmas for Tom Girardi this year.