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Author Patricia Cornwell wins $51m in lawsuit over lost revenue Author Patricia Cornwell wins $51m in lawsuit over lost revenue
(7 months later)
The crime writer Patricia Cornwell has won nearly $51m in a lawsuit against her former financial management company and a former principal in the firm.The crime writer Patricia Cornwell has won nearly $51m in a lawsuit against her former financial management company and a former principal in the firm.
Cornwell, best known for her series of novels featuring medical examiner Kay Scarpetta, claimed that New York firm Anchin, Block & Anchin LLP was negligent in handling her finances and cost her millions in losses or unaccounted revenue.Cornwell, best known for her series of novels featuring medical examiner Kay Scarpetta, claimed that New York firm Anchin, Block & Anchin LLP was negligent in handling her finances and cost her millions in losses or unaccounted revenue.
Lawyers for the firm and former principal Evan Snapper said there was no money missing from Cornwell's accounts. They blamed losses on the economic downturn and what they called Cornwell's extravagant spending.Lawyers for the firm and former principal Evan Snapper said there was no money missing from Cornwell's accounts. They blamed losses on the economic downturn and what they called Cornwell's extravagant spending.
Cornwell said she discovered in 2009 that her net worth was under $13m, despite having eight-figure earnings in each of the previous four years.Cornwell said she discovered in 2009 that her net worth was under $13m, despite having eight-figure earnings in each of the previous four years.
Cornwell said the firm caused her to miss a book deadline for the first time in her career when it failed to find her a suitable place to write after renovation work on her house went on much longer than expected.Cornwell said the firm caused her to miss a book deadline for the first time in her career when it failed to find her a suitable place to write after renovation work on her house went on much longer than expected.
"This was very destabilizing. I really lost my ability to focus and concentrate. I did not know what the book was about anymore," Cornwell said."This was very destabilizing. I really lost my ability to focus and concentrate. I did not know what the book was about anymore," Cornwell said.
The lawsuit said the missed deadline caused Cornwell to lose one year's income: about $15m in non-recoverable advances and commission.The lawsuit said the missed deadline caused Cornwell to lose one year's income: about $15m in non-recoverable advances and commission.
Cornwell's relationship with Anchin began in 2004. Cornwell said Anchin agreed to manage all her money and the assets of her company, Cornwell Entertainment Inc.Cornwell's relationship with Anchin began in 2004. Cornwell said Anchin agreed to manage all her money and the assets of her company, Cornwell Entertainment Inc.
The lawsuit alleged negligence and breach of contract.The lawsuit alleged negligence and breach of contract.
Cornwell said she was thrilled with the verdict. "God bless justice," she said. "It's a huge relief and it's been a huge ordeal."Cornwell said she was thrilled with the verdict. "God bless justice," she said. "It's a huge relief and it's been a huge ordeal."
Lawyers for the firm and Snapper portrayed Cornwell as a demanding client who relied on them for everything from bringing her clothes to the tailor to arranging care for her mother.Lawyers for the firm and Snapper portrayed Cornwell as a demanding client who relied on them for everything from bringing her clothes to the tailor to arranging care for her mother.
On the stand, Snapper strongly denied Cornwell's allegations. "I did not steal any money from anyone," he said. "The money was there."On the stand, Snapper strongly denied Cornwell's allegations. "I did not steal any money from anyone," he said. "The money was there."
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