Tommy Mallet speaks out on feud with former business partner after 'selling all his assets'

Tommy Mallet's Revelation

Tommy Mallet, former Towie star and entrepreneur, has shed light on the bitter feud with his ex-business partner after reportedly selling all his assets. The fashion mogul recently addressed the situation, emphasizing that he is not facing financial struggles despite rumors suggesting otherwise.

The Feud Unveiled

Tommy revealed that he parted ways with his former business partner due to a toxic relationship that developed before the launch of his new shoe company, CTRNE. Taking to Instagram, he shared his experience of receiving a legal letter attempting to halt the launch of CTRNE, which he perceived as an effort to prevent him from trading.

Courtroom Drama

Refusing to comply with the demands outlined in the legal letter, Tommy found himself in a legal battle. Despite feeling pressured and threatened, he stood his ground and continued his business endeavors. Tommy highlighted that the court injunction, aiming to restrict his involvement with CTRNE, did not succeed, allowing him to move forward with his plans.

Financial Clarity

Addressing speculation about his financial status, Tommy clarified that he had sold his assets to protect himself and his interests. He assured his followers that he still possesses financial assets, remains the owner of Mallet, and is dedicated to rebuilding his business ventures.

Looking Ahead

Tommy expressed forgiveness towards all parties involved in the feud and emphasized his commitment to focusing on the future. Despite the challenges he faced, he affirmed that he is in a strong position with his businesses and is determined to continue building his brand.