Annie Leibovitz Accused of Biting the Hand That Helped Her

By PopEater / Wire Services Posted Apr 6th 2010 08:38AM

The investment firm that was tasked with managing the mismanaged fortune of Annie Leibovitz is suing the celebrity photographer, alleging she owes them a whopping $800,000 in unpaid bills for their services.

Brunswick Capital Partners LP said in a lawsuit filed Friday that Leibovitz owes the fees for its help arranging her recent financing agreement with another firm, Colony Capital LLC, the Associated Press reports. Through a spokesman, Leibovitz declined to comment Monday.

New York-based Brunswick said it "made exhaustive efforts" to link Leibovitz with investors who could help her out of a financial hole that had threatened to cost her control of her life's work.

Leibovitz has photographed figures ranging from Bruce Springsteen to Queen Elizabeth during her 40-year career. Sometimes theatrical, often provocative, her work includes such famous images as a nude and very pregnant Demi Moore, and a nude John Lennon cuddling with a clothed Yoko Ono hours before his death.

Designated a "Living Legend" by the Library of Congress, she made but mismanaged a fortune. By last summer, she was struggling to repay a $24 million loan, with her three historic Manhattan townhouses and the copyright to all her pictures on the line.

"As a result of its diligent efforts, Brunswick Capital successfully found several interested and viable investors" -- including Colony, according to the lawsuit, filed in a Manhattan state court.

Santa Monica, Calif.-based Colony agreed last month to help manage Leibovitz's debt and market her portfolio. She retained total control of her work in the deal, which Brunswick Capital says is worth more than $40 million. Colony declined to comment.

The lawsuit seeks more than $803,000.

2010 AOL LLC. All Rights Reserved. Copyright 2010 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. Active hyperlinks have been inserted by AOL.

Tags: annie leibovitz

Comments

(15)

Tuesday 06 April

By Charlotte

Vote down Vote up Report this

Good for her. About time a firm got stuck.

By ed udut

isnt that a photo of GEDDY LEE !!!!!

By themeeker

I'm looking at the picture. Is that Annie or Danny? Hard to tell. Girlfriend's been through it.

I met her once and she wasn't very nice.

By jvstretch

Probably spent all the money on those MERLE NORMAN make over's !!!!!!!!!!!!

By Stephen

Henry Diltz' work runs circles around hers !!.....AND he's a nice person too !

Highest Rank Vote down Vote up Report this

I was wondering when we would turn over a rock and find the likes of an idiot like you. Please, please shut up. You are a waste of space with that stupid bigoted mind. VERY anti-american.

Thank you popeater for deleting that offensive post.

By Gerianne

How can people talk and think like that?? She's a genius.

By Pablo

She's a CREEP. When Miley Cyrus got criticized for near-nude exposure & overdone makeup, everybody blamed the child. It was the CREEPY SLEAZY Photographer who had the idea & executed it. She has seduced & trashed more than one person with her alleged reputation.

By wat dat

High Rank Vote down Vote up Report this

Doesn't surprise me about her, in the least. Queen of chutzpah drama queen who never believed she had to play by real life's rules. Reality check, mate.

By ofalaska

Leibovitz is one of the most overated photographers on the planet and has blown everything she made living in the idiot liberal townhouse hell of Manhattan. Why did she need three penthouses? New York learned ZIP from 911! I remember when the Rolling Stone (where she started) sold for a quarter on the street in San Francisco and was on old newspaper stock with the middle pages blank for "rolling your joints on." Let her "portfolio" go to hell. And that picture of Lennon and Onno was takin way before he was shot but the dildo writing the article probably wasn't even born then.

By akhenatuh

Isn't that Bob Dylan with long hair?

By Guillermo Sanchez

Bob Dylan is much better looking.

The picture makes her look like Vanessa Redgrave after using the crack pipe.

Wednesday 07 April

By sarah

Love her work,just learning all about her and her rlationship with Susan Sontag. I think she is stunning. Wish her luck in the law suit.

Page 1 of 1