Will Smith Worried His Million Dollar Loan to Duane Martin Would Be a ‘PR Nightmare’

Will Smith, Duane Martin

*As we previously reported, Will Smith is caught up in Duane Martin’s legal woes related to his bankruptcy case with estranged wife Tisha Martin-Campbell.

The trustee presiding over the case sued Duane back in September over concerns that he hid assets of $2.6 million under a company named Roxe LLC. As part of the suit, Smith was ordered to turn over email chains between Smith, his rep, and Martin from 2018, where they discussed the $1.4 million loan that Will and wife Jada gave Duane to purchase a house which is now at the center of a fraud lawsuit.

OTHER NEWS YOU MIGHT HAVE MISSED: Offset Shares Emotional Reunion with Father After 23 Years Apart [WATCH]

Tisha Campbell-Martin Accuses Duane Martin of Domestic Abuse

The Blast reports:

According to newly unsealed court documents, the actor and his team feared if they loaned the $1.4 million to Duane as he requested, it could turn into a “PR nightmare” for Will, specifically if anyone found out he was associated with such a transaction.

Will’s team began expressing concerns about how Duane wanted the loan structured, with his team worrying about the “questionable structure of the transaction.”

“This is both a PR risk and a legal risk for WS,” one of Will’s advisors wrote in an email. “No PR nightmare can and will happen here.”

The docs note Will eventually did loan Duane $1.4 million to save his home in 2012.

As of July 2018, private emails show Will directing his team to wrap up all outstanding issues with Duane. He wrote one of his advisors, “The point is to SIMULTANEOUSLY Get the books cleared while Helping Shake transition.” Will uses “Shake” as a nickname for Duane.

Tisha Campbell-Martin Accuses Duane Martin of Domestic Abuse

The trustee believes Martin committed fraud when trying to sell the home in question and court documents show he put pressure on Smith to give him a quick loan.

There are no allegations or evidence that Will did anything wrong or had any knowledge of Duane’s shenanigans.

The case is ongoing.

 

We Publish News 24/7. Don’t Miss A Story. Click HERE to SUBSCRIBE to Our Newsletter Now!

Interior of plane first class
Snoop Dogg Donald Trump Nelly - via Grok AI
Snoop Dogg and Donald Trump/AI Image
Wendy Williams - via Grok AI
Elon Musk (Hitler salute) - via screenshot
Woman sleeping
Starbucks
Melania Trump's hat and Hamburglar - screenshot
Eggs - via Depositphotos
Al Sharpton on Daniel Penny - screenshot
Otis Williams (Stefan Brending via Creative Commons)
Read More
Aaron Pierre - screenshot
Read More
George W. Bush - Donald Trump (Getty)
Read More
Jimmy Butler & Kaitlin Nowak - screenshot
Read More
Shamsud Din Jabbar - YouTube screenshot
Read More
WICKED: PART 1
Read More
New Orleans New Years Eve Terror Attack
Read More
“Carl Weber’s The Family Business: New Orleans”
Read More
Rymir Satterthwaite - screenshot
Read More
Allison Holker Boss and Stephen Boss - Getty
Read More

POPULAR

Interior of plane first class
Economy Passengers Use Sneaky Tactic for Free Drinks on Flights
Snoop Dogg Donald Trump Nelly - via Grok AI
Donald Trump is President. What Are His Plans? And WHY Did Snoop Dogg & Nelly Perform for Him? | WATCH
Snoop Dogg and Donald Trump/AI Image
Kevin Powell Criticizes Snoop Dogg's Trump Performance | Watch
Wendy Williams - via Grok AI
Senator Anthony Palumbo Reintroduces 'Karilyn's Law' Amid Wendy Williams' Ongoing Guardianship Battle | VIDEO
Elon Musk (Hitler salute) - via screenshot
Elon Musk Addresses Backlash over Controversial 'Nazi Salute' at Trump's Inauguration
Woman sleeping
Sleeping Positions to Alleviate Back Pain and Improve Rest
Starbucks
Starbucks Reverses Open-Door Policy, Reinstates Pay-to-Visit Restrooms
Melania Trump's hat and Hamburglar - screenshot
Jimmy Fallon Shades Melania's Inaugural Hat: McDonald's Chic or Fashion Fiasco? | WATCH
Eggs - via Depositphotos
America is in the Middle of an Egg Shortage - The Situation May Not Improve for Months | VIDEO
1 2 3 8,513