We just saw Bethenny Frankel break down in tears on her Bravo show, “Bethenny Ever After,” after receiving a life-altering reported $120 million in March to acquire her SkinnyGirl cocktails brand. Now, she’ll be fighting to keep that money from an ex-manager who claims he helped her develop the brand and set it up for later success.
According to THR, Frankel’s former manager, Doug Wald, and his agency Raw Talent filed a lawsuit against Bethenny in L.A. Superior Court on Wednesday (May 11). The company is asking not only for the 10% it would have made off Bethenny’s liquor deal, but an additional $100 million in punitive damages to “make an example” of her.
Wald claims he joined as Bethenny’s manager in 2008 when she was on “The Real Housewives of New York City,” found her an agency that reps reality stars and connected her to liquor industry veteran David Kanbar. Later that same year, Bethenny fired Wald before she signed a deal establishing SkinnyGirl cocktails.
We tend to think that a lot can happen in the three years since Wald was fired that could’ve made Bethenny’s brand a success. On the other hand, it could have also failed, but this ex-manager of hers wouldn’t have asked for 10% of that misery had it happened, right?
Should Bethenny pay up? Or should this ex-manager try to find some new clients instead of milking an old one?