The ongoing battle between Lisa Marie Presley and her estranged husband Michael Lockwood played out in a Los Angeles court as Elvis’ famous daughter testified her ex stole “millions” from her — and claimed he shouldn't receive any spousal support, RadarOnline.com can exclusively report.
During her testimony at Los Angeles Superior Court on Tuesday, August 14, Presley said she believed Lockwood reviewed the postnuptial agreement before he signed it on November 2007.
When asked by Lockwood’s attorney Jeff Sturman on whether she thought it was fair that Lockwood did not receive any spousal support if their marriage ended, Presley answered, “Correct.”
“You thought it was fair because you would not have wanted a man who wanted money from you, had you known if he was that way, right?” Sturman asked Presley.
“Not true,” Presley answered.
At the heart of the legal drama between the feuding exes is whether or not the postnuptial agreement signed by Presley and Lockwood is valid. Both sides appeared before Judge Dianna Gould-Saltman on Tuesday to argue over the validity of that agreement.
Presley filed for divorce from Lockwood on June 2016 after 10 years of marriage. They have two twin 9-year old daughters, Harper and Finley.
Presley’s attorney, Gary Fishbein, said in court filings that Lockwood knew he was forgoing spousal support from Presley when he signed the agreement. Lockwood is only now "claiming ignorance,” even when he had a chance to negotiate the postnuptial agreement before signing, Fishbein wrote in an affidavit.
However, Sturman claimed that Presley’s former attorney, Jane Saltsman, allegedly withheld information related to the agreement and took “unfair advantage” of Lockwood.
At Tuesday’s hearing, however, Saltsman testified she had multiple communications with Lockwood's then attorney, Alan Neiman, concerning the postnuptual agreement. She testified that Neiman told her that Lockwood was “fine” with the agreement, which said Lockwood would not receive spousal support or community properties.
The only thing Lockwood wanted changed in the agreement concerned proceeds from the music the former couple had created together, Saltsman testified.
During her testimony, Presley also said Lockwood had run up her credit card bills into “millions of dollars,” and she only found out about the charges around November 2015. She said she considered those charges as money owed to her by Lockwood, which he has not paid back.
However, when asked by Sturman if Lockwood’s name appeared on the divorce filings that lists their community assets and outstanding debts, Presley said no.
“If she believed she was owned millions of dollars by Michael Lockwood, she would have put that down as an asset,” Sturman told Radar exclusively after the hearing. “That would suggest she didn’t believe there was a such debt owed to her. … One day she says he stole thousands of dollars from her, the next she says ‘millions.’ That is consistent with the way she has testified: she is consistently inconsistent.”
Fishbein declined to comment about the hearing.
The hearing concerning the validity of the postnuptial agreement will continue at Los Angeles Superior Court on Wednesday.
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