Reuters reports: Photo Source New York Magazine
NEW YORK, Jan 24 (Reuters) – Renowned New York dealmaker Donald Drapkin believed he was “going to get screwed” after he left the employment of his former business partner and friend, Ron Perelman, Drapkin testified on Tuesday.
That’s why, Drapkin said, he sued Perelman’s holding company in 2009 seeking unpaid compensation, starting a round of litigation between two of New York’s best-known dealmakers.
Now it’s Drapkin’s turned to be sued. He told a jury in New York yesterday, “I just realized I was going to get screwed so I had no choice but to bring a lawsuit,”. Drapkin is the defendant in MacAndrews & Forbes LLC v. Drapkin in U.S. District Court for the Southern District of New York, no. 09-04513.
MacAndrews & Forbes is the holding company of Billionaire Ronald Perelman, who according to Forbes, has a net worth of $12 billion and is also the 12th richest American.
Steven Kobre, a lawyer for MacAndrews & Forbes, told jurors in his opening statement that the firm paid Drapkin millions of dollars when he left in 2007. It also agreed to pay him millions more if he promised not to induce other employees to quit and to return all company documents.
“Mr. Drapkin willfully disregarded his obligations,” Kobre said.
According to Kobre, Drapkin tried to encourage Eric Rose, a surgeon who was executive vice president of life sciences, to leave MacAndrews & Forbes. Drapkin and his personal assistant also kept thousands of documents on a company computer given to them when they left.
“Mr. Drapkin didn’t live up to his promises,” Kobre said.
Last week The New York Time described the dispute as “Another Bitter Divorce for Perelman” The Times was alluding to Perelman’s four divorces from his prior wives.
In January of 2010, Bloomberg reported that Perelman was ordered to pay his most famous wife, actress and former bombshell Ellen Barkin, $3.4 million, plus $1 million in interest.
The money was to go to “Barkin’s Applehead Pictures LLC, after she claimed in a suit he reneged on a promise to invest in her production company.”
The $4.3 million Perelman was ordered to pay, is a relatively small amount compared to what his marriage to Barkin cost him, as well their subsequent divorce.
Barkin sued for divorce in 2006. New York Magazine had a cover story that detailed the events leading up to the widely and wildly publicized separation.
This year was different. Something was plainly wrong. Ellen Barkin, the feisty, flop-mouthed actress and Perelman’s wife of five years, was not at Perelman’s side at midnight. Later, she would tell friends she was trying to stay as far away from him as possible. The night before, she had told them, she and Perelman had had a particularly brutal fight, their worst ever. Read more about Ellen Barkin-Ronald Perelman Divorce New York Magazine
The same issue of New York Magazine detailed the costs of Perelman’s three previous divorces. The Magazine reported that the aggregate cost of Perelman’s three prior marriages was $118 million.
In January of 2010, Huffington Post reported that the couple had finally arrived at a settlement. According to Huffington,
When they divorced, Barkin received a settlement that
Perelman’s spokeswoman has described as “enormous” but declined to quantify. Barkin also sold off jewelry Perelman gave her at an auction that fetched more than $20 million; she told an interviewer the pieces were “not memories I want to wear out every day.”
New York Magazine had previously estimated the settlement to be $60 million.
More recently Barkin has shifted her attention to the much poorer, but considerably younger and better looking Sam Levinson.
In November of 2011, The New York Post reported
Super-cougar Ellen Barkin seems to have won over the parents of her 26-year-old boyfriend, Sam Levinson. Sources say filmmaker Barry Levinson and his wife, Diana Rhodes, were “initially wary” of the actress, 57, who made her debut in Barry’s 1982 movie “Diner.” Sam celebrated his latest, “Another Happy Day,” a film that Barkin produced and stars in about a dysfunctional family that feuds on a wedding day, with her and his own family at the Boom Boom Room on Monday. Barkin plays the matriarch “Lynn,” a character inspired by Sam’s mother, Rhodes. “Barry and Diana totally accept and embrace their son’s relationship with Ellen because she has done so much for him and his career,” a source said.
Just last week, ONTD.com (Oh No They Didn’t) “reported” that Barkin would neither “confirm nor deny her relationship” with Levinson. However, there is no denying that Ellen Barkin and Sam Levinson like to be photographed together. Photo source Huffington Post, read more Ellen Barkin dating Sam Levinson