Judith Regan's Settlement Sum Revealed: $10.75 Million

In January of this year, controversial publisher Judith Regan and News Corp. settled her defamation lawsuit — in which she sought $100 million — for an undisclosed sum. "The parties are pleased that they have reached an equitable, confidential settlement, with no admission of liability by any party," according to a joint statement issued at the time.

Now, Bloomberg reports, the sum has been uncovered in an unrelated court case, and Regan walked away with a hefty $10.75 million:

Judith Regan, fired from News Corp.'s HarperCollins unit in 2006, settled a lawsuit against the publisher over her dismissal for $10.75 million, according to a court filing by her former law firm.

The amount, previously undisclosed, was included in a filing in New York state court in Manhattan by Dreier LLP, a New York law firm that sued Regan for legal fees following her settlement of the News Corp. case. The namesake of the law firm, Marc Dreier, was charged yesterday by New York federal prosecutors with directing an unrelated $100 million fraud.

Regan sued News Corp. for calling her an anti-Semite in dismissing her from HarperCollins, while Regan insisted that her firing was related to her affair with Rudy Giuliani's police chief, Bernard Kerik. Newsweek reported that Regan had a mysterious tape that influenced News Corp.'s decision to settle the lawsuit out of court.

Comments

[leftyandproudofit]

I'm curious as hell to know what was on the "mysterious" tape that Regan was holding over Rupert Murdoch's head..

[jalowe1957]

And they say love means never having to say you're sorry. Just cough up the dough in an out-of-court settlement and be done with it.

[Okieborn]

Good News !!
Go Judy Go !!!!

[Cogitoe]

News Corp, could you please defame me. Make it really ugly and very public. I could use the $10 million. If I am not worthy, how about John Thain. I heard he is in need of $10 million.

[hellifiknow]

I WISH I had a tape incriminating my former employer. They should lose a huge case for the way that they treat people, especially their rank and file. $10 million wouldn't be hardly enough, especially because I'd take a portion of those winnings and give some of my former coworkers a nice little bonus from it.

[BushBites]

It's about the cost of two O'Reilly sexual harassment suits

[apoyo]

If it was in stocks how much does she have left?

[Maloysius]

I'm sure it is a comfort to those who have just lost their jobs or who are facing foreclosure that Regan managed to get paid through good old fashioned blackmail. They will sleep better knowing the woman whose moral compass lead her to attempt to publish If I Did It (OJ confessional) was rewarded with more money than 5 average families combined see in a lifetime.

[Grijpstra]

As Rome burns, the plutocrats play naughty on the island sandbox.

[Cheesemelt]

Small taters, all things considered. Presumably 1/3 to her counsel as a contingency fee, Judith walks away with not all that much, especially considering her production for News Corp.

Slime v. Slime.

[JScott]

Yup and what she gets just about covers her makeup bill with all the heavy makeup she wears.

[kathy001]

So, you think that 2/3 of $10.75 million is "not all that much." Doesn't sound like the current economy has hurt you "all that much."

[rabiddog6708]

I want to sue someone, too. Lawsuits have become the new lottery.

[xmw]

Man I am one waiting to happen. All my life I have done the right things. I always thought I society is too litigious, and it is but 3 yrs ago I was in a car accident. I was entering a highway and a car cam flying around the corner and hit me before by back end cound totally make it into the center lane. No tickets were issued. I did not sue my insurance. since I hae a medical benefit they kept requesting bills so they could pay. But my health insurance had paid so I wasn't trying to soak my insurance.A year later I get served! A passenger in the car whom I last saw lauging and walking into the McDonalds nearby claimed she had a miscarriage from the trauma a month later at 8 weeks. Truth is she had already had 2 and had been in urgent care several times with this one prior to the accident. They were asking for $200K. No Doctor would state it was due to the accident so they settle with my insurance for $15K. resulting in rate increases for me with no prior tkts/acc. ever. Yeah, lot of words to say I'm bitter!

[Brillig]

Oh if only I had my 25 year old body again...I wouldn't have wasted it on a husband and kids..I would have saved it for an adulterous liaison and 10 million in severance.

[wagadog]

She's not 25. She's more like 55+. Eligible for AARP. And now she can afford to retire.

Oh, and by the way, she's had both husband and kids.

Stop blaming your lack of success on your children.

[arspar183]

OUCH!!!

[Winthorpe]

Lighten Up, party of two, please.

[cutandpost]

wagadog is a little mean

[trollsbwild]

Good for Judy. At least someone hit the lottery.

[Saidas]

I always found Judith to be very attractive but now she is really hot!

[ReasonIsMyReligion]

Wow. How do I get fired like that?

[majorteddy]

Hey, you stole my line. Every just keeps me employed and then pees out the window on my head.

[Bienville]

My thought exactly!

[xmw]

I know. Judy, Mariah....I have to start paying more attention so I can recognize the opportunity it when it drops in my lap.