Nicky Hilton is suing her former clothing line partners for $5million
The sister of 31-year-old socialite Paris Hilton, is claiming Asher Group is responsible for the failure of a high-end fashion venture she undertook, according to TMZ.
Nicky signed a deal with Eliyahu Cohen and the Asher Group to launch Nicky Hilton Worldwide in 2006 and market top style products under her name.
She claims they promised to provide $4.9 million in financing for the operation and pay her a guaranteed annual salary of $250,000 plus a 10 per cent increase each year.
But in a lawsuit filed in LA County Superior Court, Nicky asserts that the Asher Group failed to secure the $4.9 million.
The 28-year-old designer also insists they never paid her salary and wasted the money the company did have on unnecessary personal expenses.
Nicky states that Asher Group spent $9000 per month on a personal assistant who "spent most of her time running personal errands for Asher and other tasks unrelated to NHW business."
She claims Asher and Cohen`s irresponsible conduct caused her company to not do well, leaving Nicky to "clean up the mess."
Now, she`s demanding at least $5 million in damages.
Source: Nicky Hilton is suing her former clothing line partners for $5million