Lindsay Lohan wins round of USD 60 million legal battle

Image
Press Trust of India New York
Last Updated : Nov 06 2015 | 3:48 PM IST
Lindsay Lohan and her brother Michael Lohan Jr have won a round of a USD 60 million legal battle against Fima Potik, who tried to sue them for stealing his business idea.
The "Mean Girls" actress, her sibling and another partner were sued by Potik for USD 60 million after he alleged they stole his idea for a fashion app named Spotted Friend to launch their own titled Vigme, reported New York Post.
However, the parties have now agreed - pending a sign-off from a judge - to lift a temporary restraining order against them after their lawyer Ravi Batra claimed it had kept them from working on their business for a year.
"Fima has disobeyed three court orders to produce proof that he had a working app by June 2013, something he was never able to prove," Batra said.
The lawyer also described Potik as a "celebrity leach" and a "spoiled little wannabe trust-fund baby who wants to hang out with Lindsay and who got himself a lot of ink by suing".
Potik reportedly tried to put the legal battle on hold for financial reasons in September and Batra has now criticised him for his attempts.
Batra also revealed he's moving for Potik to pay for the Lohan's legal fees.
Bernard Daskal - who is Potik's third attorney in the case - said: "At this time we have no comment.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 06 2015 | 3:48 PM IST

Next Story