Johnny Depp has avoided a high-profile trial by finally settling a bitter legal battle with his former business managers.
The ‘Pirates of the Caribbean’ star went to war with The Management Group’s Joel and Robert Mandel in January, 2017, seeking $25 million in damages for fraud and negligence, claiming they mishandled his finances and caused him to rack up more than $40 million in debt.
They responded with their own countersuit, insisting he was to blame for his own financial woes because his spending had spiralled out of control. Jury proceedings in the case had been due to begin on 15 August, but a month before then, it was revealed the two sides had reached an agreement following a scheduled weekend mediation session with an arbitrator. The details regarding the settlement have not been released, but Depp is now said to be pleased to revert his full attention to his ongoing artistic endeavors