For those who aren’t in the know about Mauricio Umansky’s Malibu mansion lawsuit, buckle up, it’s complicated. Essentially, the Real Housewives of Beverly Hills star was tasked with selling a mansion that belonged to the son of Equatorial Guinea’s president.
However, when Mauricio should’ve taken a $40 million offer, he passed it up. Instead, he opted to try and flip the mansion for even more than it was worth.
As such, almost every party involved has now sued Mauricio. The judge overseeing the case is about fed up with everyone’s lack of honesty. And Mauricio’s latest plea hasn’t exactly helped the judge’s patience.
Mauricio’s investors are not “passive”
With the lawsuit still ongoing, Mauricio pleaded with Judge Mark H. Epstein to keep the names of his investors private. RadarOnline reported on the details, sharing how Mauricio initially tried to keep the investors’ names out of the case entirely, though, that motion was denied. However, the judge did agree to keep the names hidden for now.
In his opinion, Judge Epstein wrote, “After all, the court has some doubt as to whether the names of the investors are all that critical to the motion or opposition, and if that is correct, the court might grant the motion in that respect.”
The opinion continued, “But the court is not sure of that. Defendants have already suggested that all of the investors were mere passive investors although that was at least arguably not the case.”
The judge speculated that the case’s parties might be trying to hammer out a deal that hinges on investor anonymity. Judge Epstein further advised all parties to prepare “robust” legal briefs in favor of or in opposition to keeping the investors’ names private.
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TELL US – DO YOU THINK MAURICIO WILL BE ABLE TO KEEP THE INVESTORS’ NAMES PRIVATE? WHAT OTHER EXPECTATIONS DO YOU HAVE FOR THE CASE?
