Angelina Jolie reportedly kicked Brad Pitt out of lucrative real estate deal: report
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KEY POINTS
- Brad Pitt accused Angelina Jolie of trying to sell her stake in Château Miraval without informing her
- The actor alleged in a new lawsuit that Jolie’s company did not act in the best interests of his company, which owned Miraval
- Pitt wants 10% transfer he gave to Jolie’s company three years before they split up
Angelina Jolie would have tried to sell her stake in her property shared with ex Brad Pitt without informing the latter, according to a report.
The “Maleficent” star used devious means to exclude Pitt from a lucrative real estate deal involving their shared property in Correns, France called Chateau Miraval, Page Six reported. Jolie allegedly attempted to sell her 50% stake in the $ 164 million estate without giving the “Once Upon a Time in Hollywood” actor the option to buy it back, according to court documents filed in Luxembourg obtained by the media Tuesday.
The claims were made when lawyers for the exes went to court on Monday over their long-running child custody dispute. The lawsuit claimed that the two held their shares for Miraval in separate liability companies (LLCs).
Court documents indicated that Miraval was owned by Quimicum, a company in which Pitt owned 60% of the shares through his company Mondo Bongo. Jolie held 40% through her company Nouvel. However, Pitt transferred 10% of Mondo Bongo’s estate to Jolie’s Nouvel in 2013, three years before their split, so that they had equal shares.
Pitt and Jolie both agreed to ask permission if they should sell their shares. The new lawsuit against Jolie alleged that she attempted to sell her stake without notifying Pitt and giving him the right of first refusal. Pitt wants the 10% transfer to be canceled because the shares were sold for only ⬠1 and not a “serious” amount as required by Luxembourg law. The property is now valued at 140 million euros (approximately $ 164 million)
âIt should be noted that, for the past four years, Nouvel [Jolieâs company] did not act in the best interest of Quimicum by systematically delaying the approval of the annual accounts and the renewal of the director, âsaid the lawsuit.
“We understand that behind this systematic obstruction, the real objective of Nouvel and its shareholder [Jolie] is to sell its stake in Chateau Miraval SA in a way that would circumvent Mondo Bongo’s right of first refusal (as provided for in Quimicum’s articles of association), thus realizing a capital gain realized thanks to the investment of Mondo Bongo and to which Nouvel did not contribute. “
Following the recent ex-issue, an anonymous source told Page Six that the move was “another example of Angelina trying to bend the rules and avoid their obligations.” Meanwhile, another source added: “He did all the work, she did nothing.”
Last year, Pitt took his ex-girlfriend Nicole Poturalski to Chateau Miraval. The trip reportedly focused more on the limited release of Fleur de Miraval that he announced earlier that year. During the visit, Pitt participated in the annual harvest of the 1,200 acre estate. He’s been doing this for years, according to reports.
âFor me, champagne evokes feelings of celebration, quality, prestige and luxury,â Pitt told People at the time. “But rosé Champagne is still relatively unknown. Building on our success with Miraval in Provence, I wanted us to try to create the benchmark brand for rosé Champagne, by concentrating all our efforts on this single color.”
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