Celeb News: Shakira sued by ex-boyfriend for $100 million

K@rm@

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Shakira's rise from Latin American star to global superstar, as told in the lawsuit filed by Antonio de la Rúa, her former boyfriend, was one of full of hard work, bold artistic moves, savvy management and love.

"The combination of de la Rúa's business and marketing talents with Defendant's artistic talents, beauty and sex appeal succeeded in propelling the value of the partnership far beyond anything either had previously achieved or believed possible," reads a section of the suit, one of many passages that strike a wistful note.

Now, de la Rúa is seeking to "recover his share of past and future partnership profits," says the suit, filed Nov. 20 by William Reid of Reid, Collins & Tsai in the Supreme Court of the State of New York.

The complaint follows a brief writ of summons filed by Shakira in late October seeking damages from de la Rúa for misappropriation of funds.

His suit, in turn, provides a rare look at the intricacies of Shakira's career and seeks to "recover damages" of at least $100 million for breach of contract and breach of fiduciary duty. The monies, states the suit, are owed to de la Rua as part of his standing arrangement with the star, although there is no written agreement between the two.

"She was extremely successful as a recording artist long before Antonio ever became her business manager," says attorney William Reid. "But the financial success she enjoyed with Antonio was unparalleled."

The purpose of the suit, however, is less striking than the story it tells, beginning in 2000 when Shakira first met de la Rúa in Argentina and detailing many events in her history that are peripherally known but not to this degree of detail. They include the decision to record "Hips Don't Lie" in order to save a flagging album, negotiations with Live Nation and the recording of World Cup anthem "Waka Waka."

De la Rúa and Shakira's romance became a business partnership in 2004, says the suit, after Shakira lost "millions" in her first world tour and de la Rúa "agreed" to become her "business partner" and head her business enterprises. No written agreement governed their partnership.

"De la Rúa spent more than six years building the 'Shakira brand into one the most valuable pop-star brands in the entertainment industry," claims the suit. "The profits earned by the partnership in 2011 and 2012, and millions of dollars that it will earn in the future, were generated by the deals he conceptualized, originated, negotiated and executed."

The relationship between de la Rúa and Shakira appeared to be so solid that, when the romance ended in 2010, according to the suit, Shakira posted the news on her website, noting that "We continue to be partners in our business and professional lives."

But less than a year later, in October 11, Shakira instructed an attorney to "terminate de la Rúa, as if he were a mere employee," according to the suit.

At press time, Shakira's camp had no comment in regards to the suit.

As for Shakira, she is currently expecting her first child with soccer star Gerard Piqué and will be a coach for the upcoming season of The Voice next spring.

http://www.billboard.com/news/shakir...ce=most_recent

What a douche...Im sure he got more than enough money while being with her fro 10 years. Good thing she never married him she would proabbaly have had to pay him alimony.

SpecialK

Ewww he's fuglee

Xalric

That's why you should never mix good **** with business...

J a y

What was she doing with that.

YoYo

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although there is no written agreement between the two

Case DISMISSED, ugly.

RazB32

wow he did a lot for her if the hips dont lie/waka waka bit is true

BadKidBrodie

What kind of beauty and the beast teas

zach

If 1) They were married and 2) There was no agreement for her to give him money, he doesn't get any. Simple.

izzy

theo.

That's why never mix your personal life with your business life.

I hope every turns out okay.

OnlyRihanna

$100 million

Lose My Breath

Shakira is only worth 150-200 million dollars?

He wants over half of her net worth? Really?

BBathHausOfGaga

Hope poor shaki wins this case

I Am Music

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Originally posted by Lose My Breath

Shakira is only worth 150-200 million dollars?

He wants over half of her net worth? Really?

!!!

I mean, he is not getting anything for starters cause there was no written agreement.
Him asking for 100 million makes him look thirsty af and just wants money.

crazyncool

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Originally posted by Lose My Breath

Shakira is only worth 150-200 million dollars?

He wants over half of her net worth? Really?

According to the PDF document of the lawsuit that leaked online, its stated that the "shakira" brand is worth over $750 million dollars

On a fun note, it says that Shakira cried when she had to record Hips Don't lie to save Oral Fixation 2, because she hated it and was really upset that Don't bother flopped!

Sapphire

he's not worth it!!!

Shaki better win this thing!!!

vuelve88

Shakira was pretty naive to think her boyfriend/fiancé should handle her business and contracts.

On the plus side, they never married. I can only imagine how much money he would try to take from her then.

Shakira Stan

i hope she learned her lesson and keeps pique away from her career.

Turkish Chick

jealous antonio ! leave alone my life shaki

Baby_boy09

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Originally posted by zach

If 1) They were married and 2) There was no agreement for her to give him money, he doesn't get any. Simple.

Unfortunately for her, that is not at all the way that contract law works.
There are two things here that are really troublesome for Shakira's defense that he was not an employee.

1) She posted on her own website in 2010 that although they were no longer in a relationship however remain business partners.
2) She had him terminated just as a regular employee would be, proving that there was an understanding of a working business relationship and contract.

Now, it's up to a judge to determine the value of that contract, and I hardly think any judge would award what he is asking for. But he is aware of that, and is asking for such an absorbant amount in hopes to just get a fraction of what he is asking for.

And for someone who has a degree in legal studies and studied contract law (me), I'm certain that it will be proven there was a business relationship seperate from the romantic one, and that she will owe him money. How much depends on the exact details of the case and also what she actually made during the time they weree business partners