LOS ANGELES: Lisa Marie Presley, the only daughter of Elvis Presley, says she is facing financial ruin and has filed a US$100mil (RM391mil) lawsuit accusing her former business manager of negligence and mismanaging her finances.
Her ex-manager has filed his own lawsuit, accusing Presley, 50, of squandering her famous father’s inheritance because of her lavish lifestyle. The lawsuit seeks US$800,000 (RM3.1mil) in unpaid bills.
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