Reality star Bethenny Frankel is being sued by her ex-manager for $100 million after they say they were cut out of a lucrative deal.
According to The Hollywood Reporter, Raw Talent president Doug Wald filed a lawsuit Wednesday in Los Angeles Superior Court, claiming he helped the former “Real Houswives of New York” star broker her pairing with her Skinnygirl Margarita brand and was cut out of the rich deal that followed.
Last month, Frankel, who stars in her own reality show “Bethenny Ever After” on Bravo, made headlines when her cocktail brand, which is a low-calorie cocktail, was acquired by Fortune Brands’ Beam Global Spirits and Wine for approximately $120 million.
But Wald, who was hired by Frankel to help promote Skinnygirl in 2008, said he was fired days before she signed her deal to develop and market Skinnygirl with liquor industry veteran David Kandbar.
“She expressly represented that any agreement relating to the exploitation of the Skinnygirl Cocktail Brand would be commissionable under their management agreement,” the complaint says.
Wald said Kandbar put together a business plan for a company that would buy the brand, use Frankel’s celebrity to help market it, and sell it in two years for a hefty profit.
Now Wald said he’s owed 10 percent of that deal, or an estimated $12 million. Plus the company wants $100 million in punitive damages to make an example out of Frankel.
“Notwithstanding her clear and unambiguous agreement and obligation to pay Raw Talent its 10% commission, Frankel now refuses,” the lawsuit said.
Bethenny Frankel To Go On Tour. Bethenny Frankel, best-selling author and star of “The Real Housewives of New York” and “Bethenny Getting Married?” is going on tour. Frankel will stop in several cities across the U.S. to talk about her life, her work, and her passion for living healthy and living well. It appears Frankel is already planning to keep herself busy whenever her stint on “Skating with the Stars” ends. Starting next year, Frankel will visit several east coast and a few Midwest auditoriums to entertain audiences. And she does have a lot to talk about: she’s currently competing on “Skating with the Stars;” she has a new baby and new marriage to Jason Hoppy; she has two successful books – “Naturally Thin: Unleash your SkinnyGirl and Free Yourself from a Lifetime of Dieting” and “The SkinnyGirl Dish: Easy Recipes for your Naturally Thin Life” – and is working on two more – “A Place of Yes” and “Naturally Fit Pregnancy;” she released an exercise DVD, “Body by Bethenny,” in spring of this year; and is working on a skincare line. If there is an audience Q&A session on this live tour, can someone please ask the “Real Housewives” star how she manages to do all that and have a personal life? A limited number of VIP tickets will be available at some tour stops, which include a post-show meet and greet with Frankel. Tickets can be bought at each auditorium’s website. The tour dates are: January 13, 2011 at Lowell Memorial Auditorium, Lowell, MA; January 14, 2011 at Proctor’s Theatre, Schenectady, NY; January 15, 2011 at Veteran’s Memorial Auditorium, Providence, RI; January 20, 2011 at Count Basie Theatre, Red Bank, NJ; January 21, 2011 at Merriam Theatre, Philadelphia, PA; January 22, 2011 at DuPont Theatre, Wilmington, DE, which is sold out; January 27, 2011 at Pabst Theatre, Milwaukee, WI; January 28, 2011 at Genesee Theatre, Waukegan, IL; and January 29, 2011 at Rialto Square Theatre, Joliet, IL.
Bethenny Frankel, Vince Neil Go “Skating With The Stars”. Following up this season of “Dancing with the Stars” is a brand new competition show skating its way onto ABC, “Skating with the Stars.” Among the participants are a Grammy Award-winning rocker and a Bravo reality star. Bethenny Frankel, of “Real Housewives of NYC” and “Bethenny Getting Married?” fame, is set to hit the ice for the new show, along with Motley Crue frontman Vince Neil, and actress Sean Young, star of films like “Blade Runner” and “Ace Ventura: Pet Detective.” Also donning skates for “Skating with the Stars” are Brandon Mychal Smith, of the Demi Lovato-starring Disney Channel hit “Sonny with a Chance,” “All My Children” star Rebecca Budig, and former Olympic skier Jonny Moseley. Do I smell a winner? “Skating with the Stars,” from the producers of the hit “Dancing with the Stars,” will pair up celebrities with world class ice skaters to compete in front of millions. Just like it’s sister show, a panel of judges will give scores, and viewers at home will as well with their votes, sending one couple off the ice each week. “Skating with the Stars” will premiere Monday, November 22nd at 9pm ET
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