Katy Perry wins fight with 1-800-Flowers founder over real estate

Katy Perry wins fight with 1-800-Flowers founder over real estate

A judge has ruled that Katy Perry's $15 million purchase of a Montecito, California, mansion can go ahead, according to Bloomberg. Perry has been fighting the landlord, octogenarian 1-800-Flowers founder Carl Westcott, over the deal since 2020.

Westcott purchased the 11-bedroom home in May 2020 for $11.25 million and signed a contract to sell it to Perry just two months later for $15 million. However, a few days later, Westcott reversed his decision, claiming that he had recently undergone surgery and was taking painkillers and never intended to sell.

In the initial ruling, Judge Joseph Lipner found “no credible evidence” that Westcott could not close the deal.

“The contract negotiated and signed by Westcott generated a gross profit of $3.75 million for Westcott,” Lipner said in Tuesday’s decision. “Furthermore, Westcott entered into other contracts shortly before and after the contract at issue here. Westcott did not attempt to cancel any of these other contracts due to lack of capacity.”

Original story below:

Pop star Katy Perry is headed to court over a $15 million mansion that her manager Bernie Godfy agreed to buy on her behalf in July 2020.

The seller of the home is Carl Westcott, the 83-year-old founder of 1-800-Flowers, who claims he was not of sound mind when he signed for the property; Bloomberg reported that he filed a lawsuit against Godfy to invalidate the agreement. But Perry wouldn't budge on the deal. The singer is also seeking $1.4 million to cover the lost income she could have earned from renting the property.

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The eight-bedroom, 11-bathroom estate is located on nearly nine verdant acres in the sunny Santa Ynez foothills in Montecito, California, an area known for its wealthy celebrity residents including Oprah Winfrey, Brad Pitt and Ellen DeGeneres.

Westcott bought the property in May 2020 for $11.25 million, and was trying to make a quick profit by selling it just a few months later, according to Bloomberg. But when the deal was completed, Westcott claimed he was taking painkillers after major surgery and was not eligible to enter into the agreement.

According to his son, Chart Westcott, who assumed his father's power of attorney and handled the case, the founder's health was deteriorating. Westcott entered a medical facility full-time in mid-2021, suffering from mental health issues, early signs of dementia and tremors associated with Huntington's disease, according to medical records submitted to the court.

This isn't the first legal battle Perry and her team have fought over real estate.

In 2015, nuns who resided at the medieval, Spanish, Gothic and Tudor estate in Los Angeles, which includes 30,000 square feet of living space, a pool, a tower and an attached house of prayer, tried to block the sale of the property to Perry, NPR reported. . Their efforts were unsuccessful, and the woman they tried to sell to was ordered to pay millions to Perry and the diocese. One of the nuns collapsed and died in court During the post-sentence hearing.

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Perry's team maintains that Westcott had every intention of selling the house. “He was competent when he hired an experienced real estate broker, examined the brokerage commission rate, arranged showings on the property, entertained multiple offers, researched replacement homes, and ultimately negotiated a highly profitable sale,” Godfy's attorneys said in court in May 2022. Deposit.

The trial began Wednesday in Los Angeles, and Perry could take the stand as early as Friday, according to Bloomberg.

(tags for translation) Business News

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