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Mel Gibson

Tires of Eco-Lawsuit

Settles Up

2/2/2012 6:00 AM PST BY TMZ STAFF

0201_mel_EX_01
Things are rubber ducky for Mel Gibson ... we've learned he just settled a bitter lawsuit over recyclable tires. 

Gibson was sued by a dude who claims -- at the behest of Mel -- he invested his life savings in a company called Green Rubber, which developed technology to devulcanize rubber so old tires could be recycled. 

Nader Sherif claimed Mel promised the guy could sell his stock back to the company at any time and get his money back, and he further claimed Mel promised to personally write him a check if the Green Rubber refused. Yes, you guessed it. Sherif wanted his jack back, the company refused and Mel told him to pound sand.

Sources tell TMZ ... Mel paid Sherif something, but we don't know exactly how much.

2012 is starting out to be a very Goodyear for Mel.

201 COMMENTS

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16.

THE BEAVER    

Invested all your life savings isn't a wise thing to do. It was YOUR lame azz choice that "YOU MADE" , NOT MEL to invest all of it. You let your greed and the love of money over rule your judgement, buddy. It is like me putting all my life savings in a chance to win the lotto because the jackpot was really high, dude. The odds of me winning it is slim to none, and I would lose it all. You won't see me trying to sue the lotto board because I was too ignornat to know better. LOL Years back, this lady had put really hot coffee between her legs and burn her own stupid self with it, tried to sue McD's over it. It was her stupid choice to put hot coffee there instead to put the coffee in the drink holder in her car.

911 days ago
17.

azlee    

hmmm, would have to read the context of the contract to figure out if he (Mel) really should have paid it because of spoken promise....or if he decided to negotiate because the darn thing is costing too much money to go through the court system. The dude didn't have to invest all his money though, doubtfully.

911 days ago
18.

THE BEAVER    


matt: about an hour ago

Love how rich people can get away with grand larceny, but if you grab a ladies purse with $20 in it, you get tackled by 3 guys and put in a jail cell.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Not always. OJ got off over a stupid azz glove that didn't fit him. LOL
So, I guess that if a condom is two small that means that the baby is 100% that guy's she is claiming it belongs to, and who cares about the DNA test. LOL

911 days ago
19.

2idiots    

AAAAAAAAHAHHAHAHAHAHA! This is the guy who claims Mel tried to run him over in a parking lot in Costa Rica.. I'm smelling a PAYOFF to stay out of trouble/Jail

911 days ago
20.

2idiots    

www.thehollywoodgossip.com/2011/09/mel-gibson-accused-of-swindling-trying-to-run-over-costa-rican-g/
---------
www.dailytelegraph.com.au/entertainment/mel-gibson-accused-of-bakery-kill-plot-by-nader-sharif/story-e6frewyr-1226143619468
-----
www.tmz.com/2011/06/15/mel-gibson-lawsuit-green-rubber-costa-rica-real-estate-agent-tires-stock/
-------------------
www.tmz.com/2011/09/21/mel-gibson-pastry-meltdown-car-runover-sharif-nader-lawsuit-oksana-costa-rica-bakery/

911 days ago
21.

2idiots    

WOW, so Mel's gone from PAYBACK to PAYOFF!

911 days ago
22.

Cujeaux    

I imagine on top of the Nadir had that he was scammed, he also had witnesses to the attempted hit and run in Costa Rica. I bet Nadir got every penny back and then some.

911 days ago
23.

2idiots    

Cuj,
.
PAYBACK to PAYOFF...it's new Mel Gibson! Nadar totally got his 200k PLUS PLUS PLUS. Funny as soon as I brought up Nadar here seems like the flock flew the coup!

911 days ago
24.

TMZgossip    

oh my
beater-boi lied again & it cost him $$.
can the fraus see a pattern?

911 days ago
25.

2idiots    

Next we'll hear something about that person in Phoenix (Mel's fender bender) getting paid off too!.
.

911 days ago
26.

2idiots    

Cuj,
.
Hell Fire! I mentioned Nader on the OG singing thread and the flock flew the coup from there too! Seems like they dont take kindly to folks mentioning the NADAR PAYOFF and what I really means....Costa Rica ATTEMPTED HIT AND RUN WITH Witnesses!

911 days ago
27.

IA    

TMZgossip: 12 minutes ago
oh my
beater-boi lied again & it cost him $$.
can the fraus see a pattern?
___________

MG gets extorted again by those who can't stand on their own.
Can the haters see a pattern?

911 days ago
28.

IA    

maynerd,

Lets see how you look when you're 56...
There's more to beauty than meets the eyes of the shallow.
Age doesn't affect MG's beautiful eyes and expressive smile, which unfortunately has been so rare a scene lately, with all the haters and extortionists encircling him.

911 days ago
29.

2idiots    

IA: 3 minutes ago
TMZgossip: 12 minutes ago
oh my
beater-boi lied again & it cost him $$.
can the fraus see a pattern?
___________
MG gets extorted again by those who can't stand on their own.
Can the haters see a pattern?
--------
Tard,
this is the guy who Mel tried to runover in Costa Rica....THATS probably the REAL story here....Mel pays off those he physically abuses....OG now this guy!

911 days ago
30.

TMZgossip    

beater-boi failed to run the guy over cause his clean green tires suk
.
or maybe beater-boi was wearing one of the clean green rubbers when he knocked up the Ox

911 days ago
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