Nick Cannon Sues Business Manager Over Marital L.A. Home Sale


It’s being reported by TMZ who claims to have obtained paperwork that Nick has filed a lawsuit against estranged wife Mariah Carey’s business manager Michael Kane for allegedly failing to tell him the L.A. home he shared with her was being sold.

According to TMZ’s report Nick says he was kept out of the loop on all the details of the $9 million sale of his family home after the deal was complete. The property was previously posted for sale back in July of last year but the potential buyer later backed out for unknown reasons.

Although Nick insists he never authorised the sale, that isn’t the problem, instead he is angry that Kane failed to keep him informed from start to finish and is particularly concerned about how the proceeds from selling the house will be divided. The 34-year-old star wants the $9 million frozen until he is given a detailed accounting of the cash.

The business manager has slammed the lawsuit as ”frivolous” and said it is ”clearly a desperate act from a sadly desperate man.” Meanwhile, Nick is reportedly paying $11,000 a month for a six-bedroom, eight-bathroom New Jersey estate to keep his twins away from the public eye.

Though the hunky presenter – who has a net worth of over $20 million – is currently renting the secluded home in Saddle River neighborhood, he is hoping to buy it for $3 million in the near future if the location works out well. Moroccan and Monroe will be dividing their time between Nick and Mariah, who will be kicking off her Las Vegas residency at the Caesars Palace on May 6.

Nick filed for divorce from Mariah in December following their split last summer after six years of marriage.
 
I actually debated as to whether or not I was going to post this story. I ultimately came to the decision to do so for a number of reasons some of which are as follows 1) I believe wholeheartedly that Nick’s decision to allegedly file (or not file) this lawsuit was thought out extensively and without any sort of malicious intent regardless of how others may choose to spin it.
2) From the very beginning I’ve wanted this to be a space where rumors and twisted stories can be debunked once the truth comes out as it always does, particularly since the media of late has tried to paint him to be someone he is not.
3) This business manager sounds like a dip. He wants to call someone desparate but he’s the one who flapped his gums to the media to even make that statement.

 
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