Celebrity News

In 1987′s “Wall Street,” Gordon Gekko, a character played onscreen by Michael Douglas, famous said: “Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures, the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge, has marked the upward surge of mankind….”

Greed is good, eh?

Not sure Michael Douglas would agree with the Gordon Gekko, even as he reprises his famous role in the 2010 sequel, “Wall Street: Money Never Sleeps.” One might argue that it’s greed that is motivating Douglas’ ex-wife Diandra to claim that according to their 2000 California divorce settlement, she is entitled to half his earnings from the new movie.

Diandra Douglas and her lawyers say that the divorce deal gives her rights to share in proceeds from spin-offs from work he did while the couple was still married, including the 1987 hit “Wall Street.”

Lawyers for Michael Douglas countered that his ex-wife has misinterpreted the agreement, and that it doesn’t apply to the “Wall Street” sequel. They also added that the case belongs in California, where the couple divorced; and not in New York, where she has brought her claim.

How do you think the judge will rule? Do you think Diandra Douglas is entitled to half of Michael Douglas’ earnings from the sequel?

Laurence Fishburne, better known as Morphius in the hit movie “The Matrix“, seems to be living in his own matrix at home.  Fishburne has a now famous daughter – Montana Fishburne – for all the wrong reasons.  Montana has been cut off until she can clean up her life.

Montana had moved out of Laurence’s house before finishing her high school education, deciding that she wanted to live with “J-Pipes,” aka Jeremy Greene, a pimp boyfriend soliciting Montana for money.  Based off of testimonies of some friends, Montana had been out on the streets working for j.Pipes for years but wanted to start her real career in the porn industry.  Vivid Entertainment picked her up where she worked her first porn.

A direct quote from Laurence, “You embarrassed me.  You used your last name. No one uses their real name in porn.”  Looks like Fishburne may want to invest in Lewisville divorce lawyers who are skilled in other areas of family law to help his family stay together.

The story of Mad Max and the Russian pianist – where does one begin?

Recent Mel Gibson news stories have left out how he and Russian beauty Oksana Grigorieva hooked up in the first place. After she gained popularity in 2006, Gibson signed her to his record label, and produced her debut album which dropped in 2009.

After 28 years of marriage and 7 children, ex-wife Robyn Gibson was filed for divorce in early 2009 – while Mel was running around with Oksana. The very public affair made for a paparazzi frenzy, and before long, rumors were swirling that Grigorieva was pregnant with Mel Gibson’s child. Sure enough, in October 2009 little Lucia was born.

In July 2010, new stories about the couple started to pop up again. This time, he and Oksana were separated. On top of this, Grigorieva filed a restraining order against Gibson as she claimed that he punched her in the face “more than once.” As a result, Grigorieva had a broken tooth and concussion. Malibu police quickly jumped on the scene and started a domestic violence investigation. Mel Gibson was a suspect, but no charges had been filed.

In July, those infamous taped phone calls were released to the press. They were recorded February 18, 2010 after a heated argument between the couple. Now Gibson and Grigorieva are locked in a custody battle, and Oksana is claiming that the phone call tapes are proof that the baby is in danger. She wants sole custody. Will she win? The case isn’t so cut and dry – on August 3rd she missed her second consecutive day of deposition with Mel’s lawyers.

Stay tuned….

Need more breaking celebrity news? View our articles about celebrity divorce, alimony and palimony, domestic violence, and more!

John Stamos Leaving Court

John Stamos, the former Full House & ER star, was previously accused of partying and canoodling with Allison Coss, a then 17-year old, back in 2004. Coss & her cohort, Scott Sippola, are now accused of conspiring to extort $680,000 from Stamos in return for not selling incriminating photos of the actor to the media.

The trial began on July 13th in Michigan. John Stamos attended and is expected to testify during the trial. Allegedly, he met Allison Coss on a spring break trip to Orlando in 2004. They connected at a nightclub, where Coss told him she was a college student. Stamos later invited her and a few others back to his hotel room for a few hours of “hanging out.” Bad idea, Uncle Jesse! Would you have invited the Olsen twins back to your hotel room at that time? They were about 17 back then too.

Coss claims that strippers & cocaine were present in the hotel room, and she & Stamos spent the evening together. Furthermore, she claims she has photos of these events. Allegedly, Stamos went on to have a “flirty email” relationship with Coss for several years. After receiving some threatening emails regarding extortion from Coss & Sippola last year (under pseudonyms), Stamos contacted the Federal Bureau of Investigation (FBI). The FBI set up a sting and later caught the pair at a Michigan airport.

Stamos maintains the photos do not exist. The FBI reports that they did not find any incriminating photos during their investigation.

For more information on John Stamos’s extortion case, celebrity divorces and other breaking celebrity news, visit CelebLegalIssues.com!

US Magazine

Shocking! Bristol Palin and Levi Johnston have called off their engagement for the second time!

Shortly after the infamous couple announced to the world in July they were back together and ready to make it work, things quickly headed south.

Rumors had spread that one of Johnston’s ex-girlfriends was pregnant with his child. While a different (unnamed) girl is pregnant with his child, the rumors were fairly accurate. In fact, Johnston confessed this to Bristol on the very day they released their engagement news.

Palin and Johnston have been on and off since she was a freshman at Juneau-Douglas High School in 2005. On opening day of the Republican National Convention in September 2008, her pregnancy was announced in an effort to spin her teenage pregnancy into a positive light for her mother’s vice presidential campaign.

Their first engagement fell apart shortly after their son’s birth, in March 2009.

“[Levi’s] just obsessed with the limelight and I got played,” lamented Bristol Palin in a recent interview about the called-off engagement.

So what’s the take-away for Miss Palin? “Through this whole experience I know I need a man who’s going to be completely honest with me.”

She added that she’d like to find someone who shares her religious beliefs and comes from a good family.

Read more about celebrity divorce, child custody battles, and other breakups and shake-ups at CelebLegalIssues.com!