Johnny Depp reaches an agreement with the company that manages his money

After a year and a half of legal battle, the American actor Johnny Depp reaches an agreement with The Management Group (TMG), the company that manages its finances ] and the one he accused of mismanaging his money, taking out a loan without his authorization and hiding the real situation of his economy, which would bring him to the brink of ruin.

"Depp is pleased to have reached an agreement with The Management Group" said Robin Baum, spokesman for the actor.

Baum did not give the details of the agreement, because he said that it was confidential, but he clarified that in this way, a media judicial process was avoid.

"Johnny is determined to take strong measures to protect his personal and artistic reputation for the benefit of his family and his career" said the spokesman for the actor born in Kentucky.

And the actor is not nothing has gone well in recent years after his fortune estimated at $ 650 million has almost disappeared .

The protagonist of the Pirates of the Caribbean saga sued TMG in January 2017 for $ 25 He did not pay taxes on time and it cost Depp a fine of $ 7 million dollars.

In turn, the company also filed a lawsuit against Depp for lack of payment and denied that the actor's taxes were not paid on time.

TMG clarified that the ruin of the actor was due to his excessive spending, since for 20 years he spent $ 2 million a month.

According to the lawsuit filed by the management group, the famous actor led a carefree and unbridled life, factors that brought him almost to ruin.

"This lawsuit indicates that Depp paid more than $ 75 million to buy and maintain 14 houses, including a French castle and chain of islands in the Bahamas, as well as a 150-foot yacht, a private plane ride and an expensive art collection ".

The case had sparked a wave of insults on both sides, A spokesman for Depp managers called the actor a "usual liar".

The lawyers of the management group refused to comment on Monday.

A statement issued by a Depp spokesman indicated to resolve the case. , who had been scheduled to begin the trial next month, would allow her to focus on touring with her band, Hollywood Vampires, and promoting the latest movie based on JK Rowling's books, "Fantastic Beasts: G & # 39; s Rindelwald Crimes ".