Lisa Marie Presley reportedly gained’t must pay ex-husband Michael Lockwood a dime in spousal help because of an iron-clad postnuptial settlement.
Presley, 50, and Lockwood, 57, married in 2006 and signed the postnup in 2007.
The settlement waives Lockwood’s proper to spousal help. A choose not too long ago dominated that the postnup is respectable, based on new authorized paperwork obtained by TMZ.
Lockwood beforehand tried to problem the validity of the postnuptial settlement, saying his divorce from Elvis’ daughter left him “in a unbroken state of poverty.”
He additionally stated that he by no means learn or signed the settlement, a declare Presley’s legal professionals scoffed at, saying Lockwood was “feigning amnesia.”
The choose dominated that as a result of Lockwood signed off on the doc on the recommendation of his lawyer, whether or not or not he learn it’s irrelevant, as his lawyer needed to have defined to him what the settlement contained.
The ruling possible comes as a reduction for Presley, who’s in dire monetary straits of her personal. The “Lights Out” singer not too long ago revealed that the $100 million fortune she inherited from her father’s property had dwindled down to simply $14,000.
She is at present suing her former enterprise supervisor over the losses.
Web page Six has reached out to Presley’s lawyer for remark.
This text initially appeared on Web page Six.