Stormy Hush Money Not as Common as Trump Claims, Hollywood Says
May 3, 2018 — By Edvard Pettersson for Bloomberg.
Here is a short excerpt from the story:
President Donald Trump made it sound like the nondisclosure agreement his lawyer struck with an adult-film star was nothing special. Don’t try telling that to Hollywood lawyers.
While it’s common for the rich and famous to include confidentiality clauses in contracts with personal trainers, household staff and the like to protect their privacy, it’s a whole other matter to pay someone a six-figure amount to buy their silence, said Genie Harrison, an employment lawyer.
“It’s absolutely not normal,” said Harrison, who represents a former personal assistant of Harvey Weinstein in a sexual harassment lawsuit. “People don’t pay that kind of money unless they are concerned about some very negative exposure.”
Trump admitted for the first time Thursday that he reimbursed his longtime personal lawyer Michael Cohen for a $130,000 “hush payment” to Stephanie Clifford in 2016. Trump said in a series of tweets that it was a private contract between two parties, adding that these kind of non-disclosure agreements were “very common among celebrities and people of wealth.”
Clifford, who goes by the stage name Stormy Daniels, sued Trump to get out from under the agreement which she claims isn’t valid because Trump never signed it.
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