Amber Heard is 'broke' because of mounting authorized charges, lavish spending: sources – New York Submit

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Amber Heard can’t pay the $10.4 million she owes Johnny Depp, her lawyer revealed Thursday — as sources advised The Submit the actress is “broke” because of hefty authorized charges related to the bombshell defamation trial.
“Oh, no, completely not,” Heard’s legal professional Elaine Bredehoft advised NBC’s “Right this moment” when requested if the actress had the means to cowl the hefty judgment handed down by the jury on Wednesday.
The high-profile court docket battle along with her ex-husband has left the 36-year-old actress hurting for money, in keeping with sources, together with one who additionally positioned the blame on Heard’s previous lavish spending, on journey, garments, presents and wine.
A number of sources stated the “Aquaman” star needed to change authorized illustration and is counting on her home-owner’s insurance coverage coverage to cowl the price of her present attorneys within the case.
The invoice for Heard’s legal professional has principally been footed by The Vacationers Firms beneath phrases of the actress’s insurance coverage coverage, sources stated.
A vice chairman of the insurance coverage agency, Pamela Johnson, was noticed within the Fairfax, Virginia, court docket with Heard a number of occasions all through her trial. Neither Johnson nor Vacationers returned calls from The Submit.
Authorized consultants stated utilizing home-owner’s insurance coverage insurance policies is widespread in defamation circumstances.
“It’s a bit oddity that most individuals don’t know. In most home-owner insurance coverage insurance policies, there’s protection in case you are sued for defamation based mostly on how a lot you pay by protection,” Heather Heidelbaugh, a Pennsylvania trial legal professional, advised The Submit.
Whereas the insurance coverage firm then hires and pays for the legal professional, Virginia lawyer Jeremiah Denton stated most insurance policies have a clause that stipulates that judgment prices gained’t be coated.
“The insurance coverage firm will maintain in its again pocket the choice of denying protection on the finish of the day — denying protection means refusing to pay the plaintiff, on this case Mr. Depp,” Denton stated.
“Numerous insurance coverage insurance policies present protection for defamation however they’ve an exclusion in, which says ‘We won’t cowl any intentional wrongdoing,’ ” Denton stated. “With a purpose to win a defamation case towards a public determine, it’s important to present intentional wrongdoing. Typically what it requires to get the judgment kicks you out of the coverage that will pay for the judgment. That’s the dilemma.”
Representatives for Heard and Bredehoft additionally didn’t reply to The Submit’s request for remark in regards to the star’s monetary scenario.
Heard’s web price has been estimated at between $1.5 million and $2.5 million as of Thursday, in keeping with the Movie star Web Value web site and different retailers — a far cry from what she owes Depp within the wake of the jury’s ruling.
Amid the lurid, six-week defamation trial, Heard and a number of witnesses had testified that the actress may not have the funds to really pay her ex-husband.
Courtroom testimony revealed that Heard was paid $1 million for 2018’s “Aquaman” and one other $2 million for the sequel, which is due out subsequent yr. Her function in that film has been considerably lowered.
Witnesses testified about how Heard misplaced a number of model endorsements — together with one with L’Oreal — after Depp’s lawyer launched a smear marketing campaign towards her.
Heard additionally by no means made good on her promise to donate the $7 million she obtained from Depp of their 2016 divorce settlement to the American Civil Liberties Union and the Kids’s Hospital of Los Angeles.
She testified the donations have been delayed due to her authorized charges and payments.
A consultant for the ACLU advised jurors that the actress reduce the final test for the charity in 2018 however then stopped making funds as a result of “we realized she was having monetary difficulties.”
Depp sued Heard in 2019. She testified that she had each intention of nonetheless making the donations, telling jurors: “I would love him to cease suing me so I can.”
Depp might nonetheless doubtlessly declare the cash he was awarded by garnishing his ex-wife’s wages from her two upcoming motion pictures, levy her property and even seize her home in California’s Yucca Valley, consultants advised The Submit.
The three-bedroom, three-bathroom desert oasis has been valued at $1 million. Heard bought it in 2019 for $570,000 beneath a non-public belief within the identify of her accountant, in keeping with property information seen by The Submit.
“If she doesn’t have the cash, then his avenue, whereas she’s pursuing an enchantment, is to attempt to execute on property she owns,” or her financial institution accounts, Virginia appellate lawyer Steven Emmert stated.
He added that if Depp needs to search out out the place Heard’s property are, he might serve her with a summons for debtors interrogatories “the place you summon the debtor to return to a court docket and his lawyer would get to ask her questions saying ‘What property do you personal, what actual property do you personal, what autos do you personal, what jewellery do you personal, what artwork collections’ — anything that they might use to seize and promote at public sale to attempt to pay down and repay, in the end, this judgment.”
Denton stated that if Heard doesn’t flip over the judgment cash, “[Depp] can institute assortment proceedings so he can garnish [Heard’s] pay, if she has a wage or wage-type revenue.”
“He can connect her property which principally means seize them. He can get to her property, promote them and take money,” Denton stated.
Litigator Brett Turnbull stated judgements in Virginia are good for 10 years and have the flexibility to be prolonged.
“[Heard] might be topic to this judgment for as much as 30 years. If she all of a sudden had a brand new infusion of cash — that may be found by [Depp] and pursued,” stated Turnbull, a founding associate at Turnbull Holcomb & Lemoine.
Reps for Depp didn’t remark.
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