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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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Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6 | 7
91.

Majestik    

Thank yooooooooooooooooooooou, Frank.

901 days ago
92.

Bunny that earns scooby snacks!    

Vote
http://www.tmz.com/2012/02/01/tmz-live-nicki-minaj-music-video-snooki-spin-off/

901 days ago
93.

little aussie reader    

Bunny, had no clue what you were on about coz neither Nicki or Snooki seemed like your "area of interest". When I clicked the link and saw the last item on the voting agenda it made sense.


I wouldn't have seen that poll otherwise - Mel got my vote - thanks!


Maj - welcome back - I hate seeing people banned.


:o)

900 days ago
94.

Tellthetruth59    

@Kathleen - you are very welcome, dear lady

@Maj - glad you got that ban lifted and hope all is well with you and yours.

This Mel story is so dead - that's a good thing. I was watching a clip from The Passion today on youtube - amazing piece of work. The Satan character and the way he was portrayed was a work of genius. Chilling.

900 days ago
95.

2idiots    

AHAHAHA! I see the flock has grown tired of defending Mr Mel and Miss Jodie and THE FLOPPER. Just read on DEADLINE and PEREZ HILTON that Miss Jodie sent every member of the Academy a copy of THE FLOPPER with a NOTE that read this is not for your consideration but for your enjoyment!.
.
Didn't she realize that if people WANTED to see the movie (for their enjoyment) they would have gone to see it? .
.
I guess she had to do SOMETHING with ALL THOSE UNSOLD copies of that "movie".....I guess if you cant sell 'em, give 'em away! .
.
She should have partnered with Oksana they could have packaged both FAILURES - they could have called it THE LOSER COMBO PACK!

899 days ago
96.

michelle    

.
.
no news is good news
.
now maybe 'our boy'
will have more time to
roll out some more of
his one of a kind works
.
.

896 days ago
97.

Paulette    

TO ALL MEL HATERS:

http://www.godvine.com/Christian-Athlete-Takes-a-Fall-But-Still-Wins-the-Race-378.html

That's why we "love" him. -- All you can see is his falls. -- What we chose to focus on is his getting up & darting off again. -- His race is not over yet, but no doubt with his determination -- the same thing you see in this female athlete -- he will win. --

Happy Valentine Day to all. -- If Cupid's arrow haven't struck you yet, I hope it does. :o)

896 days ago
98.

winterreifen    

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895 days ago
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