Tom Girardi’s Law Firm Approved for $ 1.5 Million PPP Loan Five Months Before Running Out of Money

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Tom Girardi is the latest celebrity name to appear among those approved for a Paycheck Protection Program (P3) loan.

According to ProPublica archives, the ailing litigant’s law firm, Girardi & Keese, was approved for a $ 1.5 million loan on April 15, 2020.

The funds were supposed to be distributed to pay the company’s 84 employees, reported Us Weekly, which noted that it was not clear whether the company had already received the loan or whether it had been distributed to workers. as expected during the coronavirus pandemic.

The 82-year-old is currently in the midst of an intense legal battle centered on his former law firm and allegations that he and his ex-wife, “Real Housewives of Beverly Hills” star Erika Jayne, 49-year-old embezzled millions of dollars that were supposedly intended as settlement money for family members of the victims of the Lion Air crash in 2018.

ERIKA JAYNE’S LAWYERS JOIN HER BANKRUPTCY CASE TWO DAYS AFTER LEAVE IT

Erika Jayne married Tom Girardi, a prominent lawyer, in 1999. They announced their separation earlier this year.
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Erika Jayne married Tom Girardi, a prominent lawyer, in 1999. They announced their separation earlier this year.
(John Tsiavis / Bravo)

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In a Hulu documentary which focused on the couple’s alleged fraud and legal issues, titled “The Housewife and the Scammer,” Girardi was shown in a deposition admitting that he was bankrupt about five months after his firm lawyers applied for the PPP loan.

“At one point I had around $ 80 million or $ 50 million in cash,” he said in September 2020. “It’s all gone. I have no money. I also had a wallet. shares of about $ 50 million, and it’s all gone. “

Girardi is currently in the middle of a Chapter 7 bankruptcy case.

Meanwhile, one of the attorneys who filed the class action lawsuit against Girardi over the Lion Air crash recently said they plan to “prove” that Jayne was complicit in her ex-husband’s relationship, alleging that she had collected tens of millions of dollars from Girardi during their time. as a married couple.

Jayne filed for divorce in November 2020 after 21 years of marriage to the once famous litigator.

Jayne filed for divorce in November 2020 after 21 years of marriage to the once famous litigator.
(Getty Images)

Jayne, who has not been formally charged with any crime, filed for divorce from Girardi in November 2020 after 21 years of marriage.

ERIKA JAYNE’S HUSBAND, TOM GIRARDI, HAVING DIFFICULTIES UNDERSTANDING ‘FULLY’ THE CASE OF CONSERVATORY IN THE MIDDLE OF DEMENTIA

“We think we’re going to be able to prove that Erika was incredibly involved not only with the law firm, but also lending his business tens of millions of dollars to his company,” L said. lawyer Jay Edelson, who is leading the charge against the Girardi, the reality TV star said on the “Reality Life with Kate Casey” podcast on June 17. “And we think the money comes from customer funds.”

Edelson vowed that he and his legal team “were going to look into it all,” adding, “all of this is going to be, you know, part of the evidence we showed a jury – that she was knee deep in this. fraud, and she can say, ‘Oh, she didn’t know.’ And I think it’s gonna be hard for [Erika] convince a jury of. “

In December, the couple faced another trial for failure to pay a judgment of $ 882,715. The family claimed that Girardi even suffered from memory loss due to his age.

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News of Girardi’s company approval for the PPP loan follows reports that former “Bachelor” stars Tayshia Adams, Colton Underwood and a number of others have also accepted loans of varying amounts. .

Girardi’s most notorious case saw him take on Pacific Gas & Electric for a $ 333 million claim, which was awarded to 650 residents of Hinkley, Calif., In a class action lawsuit.

This case was the origin of the film “Erin Brockovich”, which saw Julia Roberts win the Oscar for best actress.

Girardi did not immediately respond to Fox News’ request for comment.

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