Angus Cloud’s Family Sued By Bank Claiming It’s Owed Thousands

Angus Cloud's Estate Sued By Manager Over $95K Of Unpaid Commissions

Home / Exclusive / Angus Cloud's Estate Sued By Manager Over $95K Of Unpaid Commissions

By Afouda Bamidele on January 18, 2024 at 6:00 AM EST

Angus Cloud's estate is on the receiving end of a lawsuit from his former manager, who claims he is owed thousands in commission payments.

According to court documents obtained by The Blast, the manager, Diomi Cordero, alleged that the late actor stopped paying commissions without any basis long before his tragic death.

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Angus Cloud's Former Manager Demands Six Figures From His Estate

Cordero filed a creditor's claim against the late "Euphoria" actor's estate, alleging that Cloud owed him a total of $94,770 in unpaid commissions from several projects in Hollywood.

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'Euphoria' Star Angus Cloud's Mother Files For Control Of His Fortune
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In the filing, the manager claimed he and Cloud had an agreement for the late actor to pay ten percent (10%) commission of compensation received, but the late star breached the contract in early 2022. The manager "has a record of [Angus] making numerous commission payments to him until he ceased making such payments with no basis," the filing claimed.

The document further read, that he "engaged in bona fide settlement negotiations with [Angus's] legal representative, and a formal Settlement Agreement was circulated but not agreed to nor executed."

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Cordero attached a list of the owed commissions, with the highest figure being a $17,500 payment from Cloud's Ralph Lauren fragrances gig, which he landed in February 2022. A $15,000 debt from "Euphoria" season 2 and a $15,000 payment from a collaboration with Atelier Luxury Group, were also included.

There was also an unpaid commission of $13,500 from a Rayban Appearance and $10,000 from a Reebok social media post. Cloud's collaborations with brands like Zara, Fila, Revolve, and more were included in the filing.

This isn't the first creditor's claim that has been filed against the late 25-year-old since his unfortunate passing in July 2023.  Cloud's cause of death was confirmed as "acute intoxication" of multiple drugs, including cocaine, methamphetamines, fentanyl, and benzodiazepines.

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In November, the California native's estate received a lawsuit from the financial institution JP Morgan Chase, which alleged that Cloud owed them almost $10,000 in credit card payments.

JP Morgan Chase says Cloud owed them $9,056.11 before his demise, and the filing was served to his mother, Lisa Cloud. The filing claimed the "Decedent purchased goods and/or services" totaling the owed amount.

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Angus Cloud Mother Filed For Control Over His Fortune

Despite passing away at a young age, Cloud left behind an estimated value of personal property at $1,000,000.  In September, his mother filed a request to be the executor of his estate, considering he died without a will.

"Angus Cloud was a young, successful actor, best known for his work in the HBO series "Euphoria." Upon his passing, he was engaged in a number of agreements that require immediate oversight, management, and enforcement," her filing read.

It continued, "Based on a review of some existing agreements, (Lisa) believes Angus assigned certain rights to (a loan-out company), including, but not limited to, certain intellectual property and/or name, image, and likeness rights, as well as his rights to receive income."

Lisa explained in the filing that shortly before her son passed, he "had finished an acting job shortly before his death, but may not have signed all the applicable agreements. These require the prompt attention of the Company and/or the Estate to allow the project to move forward with the requisite rights."

As part of her sole executor request, the grieving mother asked the court to give her the power to negotiate brand deals and ensure he is properly being paid for acting, which has already been completed.

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Aside from the acting roles and brand collaborations, Lisa lamented that several online companies began making unauthorized "print-on-demand" merchandise with Cloud's image and likeness. She noted that if given the ability, she would be ready to sue the companies and protect his image by stopping further damage.

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The doting mother added in the filing that her famous son left behind artwork that she deemed priceless. "In addition, there are numerous sketchbooks of Decedent that Petitioner would like to protect, including by registering their copyrights," the filing stated. "There are likely other intellectual property rights and assets that the Decedent possessed for which the Special Administrator is needed to immediately identify and protect."

Lisa opened up about her son's penchant for artwork while shutting down rumors that he took his own life. Recalling the hours leading up to Cloud's tragic death, she wrote in a Facebook post:

"He was reorganizing his room and placing items around the house with intent to stay a while in the home he loved. He spoke of his intent to help provide for his sisters at college, and also help his mom emotionally and financially. He did not intend to end his life. When we hugged goodnight we said how much we loved each other and he said he would see me in the morning."

The matriarch, who explained that she had no idea what her son might have ingested, added, "I only know that he put his head on the desk where he was working on art projects, fell asleep, and didn't wake up. We may find out that he overdosed accidentally and tragically, but it's abundantly clear that he did not intend to check out of this world."

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