There's a lot you can learn from Johnny Depp's legal spat with the firm that managed his money.
The actor is making headlines this week after his former business managers countersued him on Tuesday, alleging that his extravagant spending led to his recent financial woes.
Depp's business management firm, The Management Group, filed its countersuit in Los Angeles Superior Court, claiming Depp snapped up 14 homes, a 150-foot yacht and other costly toys. The firm alleged the actor spent more than $3 million to blast the ashes of author Hunter S. Thompson from a cannon over Aspen, Colorado.
"Johnny Depp alone was solely responsible for his extravagant spending," said Michael Kump of Kinsella Weitzman Iser Kump & Aldisert on behalf of The Management Group. "TMG worked day and night to professionally manage Depp's business affairs, adhering to the highest standards."