'Fixer Upper' Stars Chip And Joanna Gaines Money Trouble Exposed! Shocking Magnolia Market Lawsuit Settlement [Featured Image by HGTV]

‘Fixer Upper’ Stars Chip And Joanna Gaines Money Trouble Exposed! Shocking Magnolia Market Lawsuit Settlement

Fixer Upper stars Chip and Joanna Gaines have been hit with three major lawsuits over the past several years, including two million dollar suits. While they finally settled their Magnolia Market case, the couple still has two major lawsuits on the books. Are Chip and Joanna facing money problems?

According to Radar Online, Chip and Joanna recently settled the lawsuit against Magnolia Silos. The case was opened in the fall of 2016 and involved a fence they installed on a neighbor’s property. The fence blocked a nearby parking lot used by Magnolia Marketplace customers. Daron Farmer owned the lot and planned to charge a $10 parking fee.

The fence, which Farmer claims was installed without his permission, put an end to his parking lot plans. Farmer sued the Fixer Upper couple for the cost of removing the fence and additional compensation. He sought between $200,000 and $1 million, and the case was settled out of court. It isn’t known how much Chip and Joanna paid Farmer to settle the lawsuit.

“A settlement has been reached,” David G. Tekell, Farmer’s lawyer, shared. “It will not be filed in court.”

It was a good day ❤️ #magnoliasilos @magnolia

A post shared by Joanna Stevens Gaines (@joannagaines) on

While it is good that Chip and Joanna can finally move on, they still have two more lawsuits on their plate. According to Wide Open Country, Nancy Brown of San Antonio is suing Chip and Joanna for an injury she sustained while eating at their Magnolia Market. Brown allegedly hit her head on the supporting rod of a picnic table. She is seeking damages between $100,000 and $200,000.

In the official court documents, Brown’s lawyers claim that the steel rods were too low and concealed from sight. The lawsuit was filed back in February, even though the incident occurred in the early summer of 2016. Chip and Joanna have not commented on the suit, and it isn’t clear if they will settle outside of court.

In addition to the aforementioned cases, USA Today reports that Chip is being sued by his former business partners. John L. Lewis and Richard L. Clark say that Chip committed fraud when he bought out their stakes in Magnolia Realty. The purchase happened days before HGTV announced the first season of Fixer Upper. The men claim Chip bought them out without informing them about the show, which obviously would have affected their decision to sell.

Lewis and Clark sold their shares in the company for $2,500 apiece. The sale happened in May of 2013, only two days before Chip made the big announcement about Fixer Upper. The two men are seeking over $1 million in compensation and want their stakes in the company back.

On tonight's episode, Chip finally figures out his design style! ???? It's a dramatic reveal you won't want to miss @hgtv 9/8c

A post shared by Joanna Stevens Gaines (@joannagaines) on

After news of the lawsuit had broken, Chip’s former business partners revealed that he cut ties with them immediately after purchasing the company. Despite their longtime friendship, the men claim Chip hasn’t spoken a word to them in over four years.

In response, Chip took to social media and hit back at his former partners. “Fyi: Ive had the same cell # 15 yrs… same email for 20 yrs. No one called or emailed?” Chip wrote on Twitter. “4 years later ‘friends’ reach out via lawsuit… humm.”

“We are confident that these claims will be found to be meritless, and it is disappointing to see people try to take advantage of the hard work and success of Chip and Joanna Gaines,” Jordan Mayfield, the couple’s attorney, explained in a statement.

There’s no telling when Chip and Joanna will resolve the remaining two lawsuits. The two have certainly enjoyed a lot of success with Fixer Upper but dealing with the stress of the cases and dishing out legal fees might be taking a larger toll than expected.

Fixer Upper is currently filming Season 5.

[Featured Image by HGTV]

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