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Nicky Hilton Sues for $5 Mil

Ex-Partners Sabotaged

My Clothing Line

5/11/2012 4:55 PM PDT BY TMZ STAFF
EXCLUSIVE

0511_nicky_hilton
Nicky Hilton claims her high-end fashion line was a colossal failure ... and it's all because her partners were irresponsible liars who pissed away the company's cash so they could live like ballers.

Hilton claims it all started in 2006 ... when she inked a deal with Eliyahu Cohen and the Asher Group to launch Nicky Hilton Worldwide -- which would market high-end fashion products under Nicky's name.

Hilton claims the Asher Group promised to provide $4.9 million in financing for the operation AND pay Nicky a guaranteed annual salary of $250k plus a 10% increase every year.

But in a lawsuit filed in L.A. County Superior Court, Nicky claims the Asher Group dropped the ball ... failing to secure the $4.9 million ... never paying her salary ... and squandering what money the company did have on stupid personal expenses.

In fact, Nicky claims Asher blew $9k per month on a personal assistant who "spent most of her time running personal errands for Asher and other tasks unrelated to NHW business."

Hilton claims Asher and Cohen's irresponsible conduct caused her company to crumble -- leaving Nicky to "clean up the mess." Now, she's demanding AT LEAST $5 mil in damages to make things right.

65 COMMENTS

No Avatar
46.

NoahBrazel    

Funny.. Everyone hates. Yes, she should've became more involved earlier, and how is she a Hilton skank or whore? Her clothes were not slutty, they were high fashion clothes that were nothing but classy. Paris is just in the news so much that Nicky doesn't always make it there... Who cares? Obviously she's not they unknown.

873 days ago
47.

Tesla_Consulting    

You know her sister knows Vegas people. This way is more mature.

873 days ago
48.

pattycake    

i want to be the 9K a month asst!!

873 days ago
49.

TheVolleyballGod    

No one cares what this fish face dish towel does

873 days ago
50.

bobbyozone    

she's still better looking than audrina partridge

873 days ago
51.

D-INCARNATION    

oy vey

873 days ago
52.

sdmark    

Will be interesting to see if she recoups any money. There's a big difference between being a celebutante vs. a true business woman - guess the courts will sort out which one she really was.

Mark
www.startyourownebiz.com

873 days ago
53.

NoBozo    

Dilettante bimbo gets fleeced by partners.
So.

873 days ago
54.

Ray    

so they couldnt get the money based on her great design history and she now wants to be paid like the company was running??????6 yrs late me thinks

873 days ago
55.

minnietx    

I don't understand doesn't she have attorneys look over anything she signs, I don't get it, doubt she cares. Someone watching her finances caught this scam I'm sure, she does not have time for such minor details. She just needs to get married, be a mommy and be relevant. With her finances she needs to follow her mom's footsteps, why get caught up in the fashion world and the low lives, she can already buy what she wants...makes no sense, I would not waste my time in business scammers and stay in the rare air of financial independence, and stay out of the media.

873 days ago
56.

The Dude    

Wasnt that guy Paul Fisher From Remodeled Nicki Hiltons Manager? If he can get a s******* like Nicki Hilton a good clothing deal.....he MUST be good

870 days ago
57.

NickyPaige    

Wasn't that guy in that show on the CW "Remodeled"- think his name is Paul Fisher- Nicky Hilton's former manager???

870 days ago
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