Annie Buys Some Time
There hasn't been much good news for photographer Annie Leibovitz the past few months. But today there is! Leibovitz had been given a deadline of September 8 to respond to a lawsuit that alleged she'd failed to repay a $24 million loan that had been extended to her last year. Yesterday, however, a judge granted her another month to either respond to the suit or settle the case with the lender, Art Capital. Will that give her enough time to figure a way out? Or is she just putting off the inevitable, which could include filing for bankruptcy or surrendering her real estate holdings and collection of photographs? See you back here in 30 days! [NYP]