nb_cid nb_clickOther -tt-nb this.style.behavior='url(#default#homepage)';this.setHomePage('http://www.aol.com/?mtmhp=acm50ieupgradebanner_112313 network-banner-empty upgradeBanner
14
Search AOL Mail
AOL Mail
Video
Video
AOL Favorites
Favorites
Menu

Company owned by L'Wren Scott in debt


Obit L'Wren Scott


LONDON (AP) - The company owned by fashion designer L'Wren Scott, who died yesterday of an apparent suicide, was heavily in debt at the time it filed its most recent accounts.

Accounts filed by LS Fashion Ltd. in London show the company run by the girlfriend of Mick Jagger had liabilities that exceeded assets by 4.24 million euros ($5.9 million) as of Dec. 31, 2012.

The company's long and short-term debts totaled 6.75 million euros against assets, capital and reserves of 2.51 million euros, according to the accounts, which were filed in October.

Meanwhile, concert organizers said the Rolling Stones had canceled a gig scheduled for Wednesday in Perth, Australia. There was no immediate word on future dates on their tour.

Join the discussion

1000|Char. 1000  Char.
realnorm59 March 18 2014 at 5:50 PM

I may sound cold but I am not surprised about anyone committing suicide, rich or poor, black or white. Folks just remember we are made up of two components physical and spiritual ( not talking about religion now). Talking about what controls us that cannot be seen, emotions, thought process, inner strength and weaknesses. What I cannot understand is, she was found kneeling with a scarf tied from a door knob to her neck ?????????????? Could it be that this report is inacurate?

Flag Reply +2 rate up
2 replies
Barbie realnorm59 March 18 2014 at 9:54 PM

She tied the scarf of the door knob and threw the scarf over the door to the other side and hung her self.

Flag Reply +2 rate up
D.R realnorm59 March 18 2014 at 10:31 PM

Yes, it doesn't seem right, she was so tall.

Flag Reply 0 rate up
nyjudy44 March 18 2014 at 10:58 AM

If thats the reason we don!t know why she took her own life so sad to hear

Flag Reply +5 rate up
Dear Deb March 18 2014 at 10:55 AM

Hmm. A rare hanging by a smart & successful business woman using a scarf and a door knob and no type of suicide note. She called her business assistant and asked her to come over - presumably to discuss business. The story has an odd flavor to it.

Flag Reply +1 rate up
2 replies
I love Snickers Dear Deb March 18 2014 at 12:05 PM

That was an incredible Manhattan apartment. She was deep in debt and must have wanted her body found quickly before her decaying body stank up the place, which would have lowered the price to sell the apartment and everything in the estate sale. Sucks for her business associate but her creditors probably appreciate it.

Flag Reply 0 rate up
Kevin Dear Deb March 18 2014 at 12:17 PM

more like a sad flavor

Flag Reply 0 rate up
douvic March 18 2014 at 10:48 AM

There was more problem than money. The Trump knows how to "chapter" things and she could have learned too. Age 49 has a bunch of emotional and hormonal issues unrelated to money. When you get sick enough to kill yourself it is like a cancer. You need outside help at that point.
God rest her soul.

Flag Reply +4 rate up
Snowfall20 March 18 2014 at 10:36 AM

I doubt it was the debt. This happens all the time with businesses. Sounds like drugs or depression.

Flag Reply +4 rate up
1 reply
marilynbibbee Snowfall20 March 18 2014 at 10:42 AM

If I was in debt for over $5 MIL I'd be depressed too!

Flag Reply +4 rate up
vwill96076 March 18 2014 at 10:22 AM

so sad

Flag Reply +4 rate up
vwill96076 March 18 2014 at 10:21 AM

how does one hang from a doorknob

Flag Reply +6 rate up
4 replies
rindyelvis March 18 2014 at 10:18 AM

Why didn't he get her out of debt. I love Mick, but I know he must be a billionaire.

Flag Reply +7 rate up
2 replies
screwylouie666 rindyelvis March 18 2014 at 10:21 AM

I was thinking the same thing. $5.9 million for Mick is like $2 for us. What kind of "boyfriend" is he ???

Flag Reply +1 rate up
Allison rindyelvis March 18 2014 at 10:55 AM

Reports indicated that he wanted to give her the money but she would not take it. Not sure if there is truth in it but it was put out there.

Flag Reply 0 rate up
cabinsmoke March 18 2014 at 10:13 AM

From the comments it appears the world will never be the same.

Flag Reply +1 rate up
wandahuntsberge March 18 2014 at 9:59 AM

There has to be deeper issues that would cause this. So sorry for Mick, friends and her family. We all are struggling in some way. It is sad that such a beautiful person like her did not reach out and get help for her problems. One in ten children now have mental illness. Our society needs to embrace these children and adults and help them. May we all also learn from them tragedys.

Flag Reply +2 rate up
aol~~ 1209600

Voting...

More From Our Partners