Lisa Marie Presley's painful divorce - Lockwood strikes back!


In court documents filed on Valentine's Day, Michael Lockwood states, ‘I am disgusted that (she) described unproven allegations about me…in a declaration that she filed in this court’s publicly accessible records.'

‘As I experienced during our more than 10-year marriage and as I believe this court will learn (Presley) has great difficulty being honest and she rarely, if ever, accepts personal responsibility for her own wrongdoing,’ he added.

‘It is particularly distasteful that (she) has placed more value on trying to damage my reputation than on the fact that her false statements may be brought to our daughters’ attention.’

 ‘For the time being I will not say anything else about such statements in (Presley’s) declaration other than that the allegations against both of us have not been unproven.’

Lockedinfor18yearswood said Lisa broke the rules by revealing the ‘unproven allegations’ and that she is out to ‘destroy’ his reputation.

His lawyer said that Presley’s attorney Mark Gross called his office with a ‘threat’ that he would go public unless Lockwood abandoned his bid to get $40,000 a month in spousal support and $100,000 towards his legal fees from The King’s daughter.

I doubt it but IF SO, one that PROVES Lisa is BROKE and can't pay his lawyer or spousal support so THANK YOU! And two, if so, Lisa will have a NEW attorney very soon. Lisa values LOYALTY.

He said he needs the money to pay his legal fees as it is the only way he would be able to afford to ‘protect his rights against a very wealth (sic) and vindictive person’ like Lisa Marie.

One Word, starts with a "J", clue JOB, Lockwood!

Another of Lockwood’s lawyers, said a judge made an order in September last year that ‘prohibits both parents from discussing the allegations.’

Lockwood said Presley is hiding a vast fortune by pretending to be broke. At one time she was said to be worth $300 million.

I Believe Lisa proved this to be UNTRUE. She DISCLOSED her financial records. And being cared for all these years like a housewife, Lockwood may not be aware that the company that owned EPE also was part of American Idol which was struggling so much of the Elvis money went to AI. Debts and other things were all shared. There wasn't as much Elvis money. Sillerman had numerous debts. And even now, the company is split in two. And with the hotel and other revamps, the money isn't flowing anymore. They can't even afford to pay for the rights from one company to the other to have actual photographs of Elvis Presley in his OWN hotel. So Lockwood, GET REAL! 

He claimed she still receives $466,000 a month — $5.6 million a year — from the trust Elvis set up for her before his death in 1977.
He said her tax returns showed that from 2013-2015 she also got more than $4.5 million a year in dividends and capital gains and she receives way more than the $100,000 a month that she claims.
He said in the same three-year period he earned an average of just $55,017 — ‘less than one percent’ of her income.

SHE is the key word. SHE! What does Lockwood have to do with this?
We Elvis fans are not spending TOP DOLLAR to stay in the hotel to pay your living expenses. No way buddy!

Lockwood even slammed his wife over her claim that he had bought the twins an expensive, fully-stocked saltwater fish tank. He said there were just two goldfish in the small tank. 
He said the cell phones she claimed he had bought them cost $18 each from Target. ‘They play with them,’ he said.

I couldn't find ANY cell phones at Target or on line at Target for 18 dollars.
‘I continue to live a below poverty line existence and need financial assistance to pay my expenses, and my fees and costs,’ Lockwood added.


How dare you Lockwood!

You live below poverty? I bet many VETS would disagree with you, buddy!

Lisa claims Lockwood and a business manager had defrauded her of millions of dollars and she now owes $7.3 million in back taxes and has another $655,000 of other debt, including $212,000 owed on credit cards.

( Source - Back in Memphis  - Daily Mail)

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