The Montecito estate – owned by the founder of 1-800-Flowers in the California slice of heaven that’s home to Oprah Winfrey and Brad Pitt — seemed perfect. But the deal has landed Perry and Orlando…
By Madlin Mekelburg | Bloomberg
The case goes to trial starting Wednesday at the Stanley Mosk Courthouse in Los Angeles. At stake is who will get the estate, Perry or the seller, Carl Westcott, the former private equity manager and serial entrepreneur who founded 1-800-Flowers. Westcott says he did not want to sell his home and was not of sound mind when he inked the deal. Perry would not walk away from the purchase and is expected to take the stand as soon as Friday.
No sooner was the deal done when Westcott – now 83 and, according to his son, in declining health — changed his mind. He claimed he’d been taking painkillers after major surgery and was in no condition to enter a contract. All he wanted, he said, was to live out the remainder of his life on the estate.Perry’s camp wouldn’t budge. And so Westcott sued Gudvi, the business manager, seeking to void the sale agreement. Perry, for her part, wants to proceed with the sale. She is seeking $1.
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