HANGING ON

Michael Avenatti Law Firm Files for Bankruptcy—Again

Michael Avenatti’s law firm, Eagan Avenatti, filed for bankruptcy on Thursday. It’s the second time in two years that the firm has sought court protection from its creditors. Avenatti told the Los Angeles Times he has moved on to a new firm. “Who cares? Old firm that we have not operated under for a very long time,” Avenatti said in a statement. “We want to ensure the proper distribution of assets to creditors—it means nothing to our current law practice. Onward and upward.” Avenatti now identifies his practice as Avenatti & Associates, whose lawyers and office staff are largely the same people who worked at Eagan Avenatti. Avenatti & Associates owns Eagan Avenatti, according to court filings. The bankruptcy filing came on the eve of Avenatti’s scheduled testimony on Eagan Avenatti’s finances, and three weeks after Jason Frank, a former lawyer at the firm, filed court papers accusing Avenatti of hiding millions of dollars from the court.