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Tom Girardi's law firm owes $101 million in debt, according to new court documents

Yasmin Garaad   

Tom Girardi's law firm owes $101 million in debt, according to new court documents
  • Tom Girardi's former law firm owes $101 million in debt, according to a recent court filing.
  • Also listed in the docs is the $25 million given to "RHOB" star Erika Jayne's company.
  • Jayne has said she didn't know her estranged husband gave her $20 million in loans from his law firm.

Tom Girardi's former law firm, Girardi Keese, is more than $100 million in debt.

According to a new bankruptcy filing obtained Thursday by Insider, the total liabilities for the firm totals at over $101 million, with total assets in personal property listed at more than $4.1 million.

Along with other debts, also listed in the filing is the $25 million given to EJ Global, the entertainment company owned by Girardi's estranged wife and "The Real Housewives of Beverly Hills" star. Erika Jayne.

The new filing also noted that the trustee handling Girardi Keese's Chapter 7 bankruptcy case didn't list "all of the debtor's causes of action or potential causes of action against third-parties as assets," which means the "actual total may be different than the listed total."

Girardi's conservator, his brother Robert Girardi, and his former law firm did not immediately respond to Insider's request for comment.

As previously reported by Insider's Anneta Konstantinides, Jayne claimed during a recent episode of "The Real Housewives of Beverly Hills" that she was unaware that her estranged husband gave her $20 million in loans from his law firm.

"I was kept away from the books," she said when questioned by costars.

Jayne filed for divorce from Girardi in November 2020 after 21 years of marriage, citing "irreconcilable differences."

After the reality star filed for divorce, Girardi was accused of embezzling $2 million from "widows and children" of a 2018 plane crash. As previously reported by Insider, a lawsuit said the divorce was a "sham" to hide embezzled money, which Jayne has repeatedly denied.

In previous episodes of "Real Housewives," Jayne said the famed personal-injury attorney's personality "completely changed" after he drove off a cliff in 2017 and was unconscious for 12 hours.

"I think what has happened to Tom here is that he's not mentally capable, and he's in sole control of his firm," Jayne said. "I think that we're dealing with is a man who is diminished capacity in control, and not doing the right thing. Because if he stole the money, I'd like to know where it is. You know, that's the truth."

According to a sworn declaration submitted to the court, a psychiatrist diagnosed Girardi with dementia and late-onset Alzheimer's disease earlier this year.

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