Lawyer: Romanian prince to pay $7.28M to magazine editor

AP News
Posted: Sep 10, 2015 2:43 PM
Lawyer: Romanian prince to pay $7.28M to magazine editor

BUCHAREST, Romania (AP) — A lawyer for a Romanian prince says his client will pay 4.7 million pounds ($7.28 million) to a British magazine editor following a court decision.

Lawyer Mircea Andrei spoke after executors arrived at Prince Paul's house Thursday to recover the sum following a June court ruling in Bucharest. Paul was reportedly not at home.

Royalty Magazine editor, Marco Houston, who is owed the money, declined to give further details to The Associated Press, citing lawyers' advice.

The sum stems from a libel lawsuit filed against the publication following a story about one of Paul's rivals, said lawyers close to the case, who requested anonymity because they were not authorized to discuss the case. Previously, the prince said he wouldn't pay any damages and claimed that Houston owed him 2 million pounds ($3.1 million).

Paul is the grandson of King Carol II. Romania's monarchy ended when the communists came to power. His uncle, King Michael, was forced to abdicate in 1947. Paul is estranged from Michael.