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Judge OKs ‘Real Housewives’ star Teresa Giudice’s settlement

NEWARK, N.J. – A federal judge has approved a settlement between “Real Housewives of New Jersey” cast member Teresa Giudice (JOO’-dys) and her creditors.

Friday’s deal allows Giudice to pursue her legal malpractice lawsuit against her former bankruptcy lawyer.

NJ.com reports (http://bit.ly/2hdKaT3 ) Giudice will keep 55 per cent of any potential winnings from the legal malpractice suit, with the remaining 45 per cent going to any remaining creditors.

Giudice was not in the courtroom Friday.

Giudice finished a 15-month prison sentence last December after she and her husband, Joe, admitted they hid assets from bankruptcy creditors and submitted phoney loan applications to get $5 million in mortgages and construction loans.

Giudice’s suit against her former lawyer James Kridel blames the fraud charges and her incarceration on his mistakes. Kridel has called the lawsuit “absurd.”

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Information from: NJ.com, http://www.nj.com

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