Bethenny Frankel sued for $100 million over Skinnygirl cocktails - KAIT Jonesboro, AR - Region 8 News, weather, sports

Bethenny Frankel sued for $100 million over Skinnygirl cocktails

By Kate Stanhope,

Bethenny Frankel has been sued by two of her former managers, who claim they helped pair the reality star with the Skinnygirl cocktail brand, according to The Hollywood Reporter.

Raw Talent filed suit against the Bethenny Ever After star Wednesday in L.A. Superior Court. The company's co-president, Doug Wald, says he met Frankel in May 2008 and helped introduce her to agents at APA specializing in reality TV when she said she wanted her own series.

VIDEO: Bethenny Frankel shares advice from A Place of Yes

Frankel signed with APA that August and orally agreed to commission Wald as her personal manager, which would entail paying Raw Talent 10 percent of her earnings, according to the suit. Frankel sought out his advice about how to make more money from the Skinnygirl cocktail and expressed that "any agreement relating to the exploitation of the Skinnygirl Cocktail Brand would be commissionable," the suit claims.

Wald alleges that he helped Frankel meet David Kanbar, a liquor industry vet, who then put together a business plan for a company that would use Frankel's persona to help market the brand. The company would then sell the brand in two years for a sizable profit.

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However, Frankel fired Wald in November 2008 just days before signing her contract to market Skinnygirl. Frankel and Kanbar later sold the company in March (as shown on Monday's season finale of her Bravo series) in what THR estimated to be a $120 million deal.

Raw Talent now claims that it is owed 10 percent of that deal -- approximately $12 million -- plus $100 million in punitive damages. "Notwithstanding her clear and unambiguous agreement and obligation to pay Raw Talent its 10 percent commission, Frankel now refuses," the lawsuit says, according to THR.

The suit alleges causes of action for fraud, breach of oral contract, among other counts.

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