The long and contentious legal battle over the estate of late television icon Larry King has taken another turn. His widow, Shawn King, has reached a settlement with the business management firm, Blouin & Company, that represented the couple for years. The settlement comes after a tumultuous two-year legal saga filled with accusations and counteraccusations.
Shawn King initially filed a lawsuit in 2022, accusing Blouin & Company of conspiring with Larry King to transfer millions of dollars to third parties without her knowledge. She claimed the funds were community property and that the firm helped Larry create secret bank accounts. At the heart of the dispute were allegations of financial mismanagement and a breach of fiduciary duty by the business management firm. The lawsuit also implicated Larry King’s son, Larry King Jr., and Shawn King’s sister, Shannon Engemann, adding another layer of complexity to the case.
Amidst these accusations, Larry King’s longtime TV producer, Greg Christensen, entered the fray with his own allegations against Shawn King. He claimed she abused and mistreated Larry King after his stroke, isolating him and depriving him of basic necessities. Shawn vehemently denied these claims, asserting that she was a devoted caregiver and that the decision to move Larry King to a separate guest house was made upon the advice of his doctors.
With the recent settlement between Shawn King and Blouin & Company, the majority of the lawsuit has been resolved. While the terms of the settlement remain confidential, it brings an end to a highly publicized and contentious legal battle that has captivated the public’s attention.
The attorneys at Lord & Lindley have significant experience dealing with a breach of fiduciary duty. If you need assistance maintaining or defending a matter regarding fiduciary litigation, please give us a call at 704-457-1010 to find out how we may be able to help you. For more information regarding our firm, attorneys, and practice areas, please visit our website at www.lordlindley.com.