Update: Sonja, Alex McCord and Ramona Singer took a later flight to Morocco.
In a surprising development. Sonja Morgan filed for bankruptcy today in New York. The Wall Street Journal is reporting that her production company lost a lawsuit to Hannibal Pictures for a failed attempt to produce a movie. She has 13 million in assets, but an outstanding debt of 19 million . The Real Housewives of New York City are currently filming season 4 in Morocco. It is unknown whether or not Sonja stayed behind for today’s filing.
The Journal reports:
She blamed her financial woes on a failed venture with Hannibal Pictures Inc. to make a movie starring John Travolta. That film was to be called “Fast Flash to Bang Time,” court papers said.
Morgan said the movie never got off the ground because of “various conditions” that Travolta demanded and her production company, Sonja Productions, could not meet. Hannibal Pictures filed a lawsuit against Sonja Productions in California and won a $7 million judgment.
Morgan said she wasn’t adequately represented at the trial and has filed an appeal. Morgan also pointed to her “bitter” and unresolved divorce from her husband, a man she described as “many years my senior and a descendant of J.P. Morgan and John Adams.”
While she works to resolve these disputes and formulate a plan of reorganization, Morgan said she hopes to take preserve the value of her assets and continue her career as a television personality. She said her appearances on “Real Housewives” position her to pursue potentially lucrative endeavors, like writing a cookbook an developing a clothing line.
On her website, Morgan says she’d be Andy Warhol’s muse today (if the artist were alive) and proclaims that her friends — royalty, fashion designers, celebrities, philanthropists, socialites and powerful bankers — “follow her to whatever venture she attaches herself and which city she finds herself.”