Los Angeles Superior Court Judge Dianna Gould-Saltman ruled: In February, Lisa Marie was ordered to pay nearly $100,000 of Lockwood’s legal fees. Lockwood’s attorney Jeff Sturman, argued that his client had received death threats when he split from Lisa Marie and that she’d turned him into a pariah in the music industry. He said that when Presley filed for divorce her annual income was $2.2 million while Lockwood’s was a negative $3,300. He told the court: The biggest issue in their divorce proceedings was the validity of the post-nuptial agreement. Presley wanted the post-nup enforced. She claimed Lockwood ran up millions on her credit card. Lockwood wanted the judge to throw the post-nup out on the grounds that he didn’t read it before he signed it because it “didn’t interest him.” Presley’s attorney Gary Fishbein told the court: In 2006, the year they got married, Lockwood made $245,000 a year as Lisa Marie’s musical director. In 2007, the year they signed the post-nup, he made $150,000. Lockwood tried to claim that Presley hid her wealth from him. However, Lisa Marie’s attorney pointed out that a statement of her assets and liabilities was attached to the 2007 post-nup (the one Lockwood could not be bothered to read) and it listed her net worth at the time at $62 million. Lockwood’s attorney told the court that if he doesn’t get any money from Presley he’d be living on a poverty level income and be on the hook for hundreds of thousands of dollars in legal fees. Lisa Marie revealed in court documents that she is $16 million in debt, $10 million of that is back taxes that she owes. In February, she filed a lawsuit in Los Angeles against Barry Siegel, her former business manager. She is accusing him of charging her $700,000 a month while losing her $100 million trust fund.
