Closing arguments in the six-week defamation trial actor Johnny Depp filed against his ex-wife Amber Heard concluded on Friday and is now in the hands of the jurors.
Depp filed the suit against Heard after The Washington Post published an op-ed by the Aquaman star in which she describes herself as a “public figure representing domestic abuse”.
Though he is not named, Depp claims that the article defamed him, costing him millions of dollars and his role in the Pirates of the Caribbean franchise.
Throughout the trial, both sides produced evidence from personal friends, expert witnesses and even family members, all called on to refute each other’s claims.
What became clear throughout the case was that the brief marriage was fraught with difficulties and conflict.
Jurors and millions of online viewers heard gruelling and painful accounts of alcohol-fuelled rages, explicit details of abuse and mental cruelty along with acrimonious text exchanges.
During his four days on the stand, Depp claimed that he was the victim, an abused husband and that Heard’s article “cost him everything”.
“No human being is perfect, certainly not, none of us, but I have never in my life committed sexual battery, physical abuse,” he said.
His lawyer, Camille Vasquez, said in her closing argument that Heard is an affront to victims of domestic violence.
“It was an act of profound cruelty not just to Mr Depp, but to true survivors of domestic abuse for Ms Heard to hold herself out as a public figure representing domestic abuse,” she said.
Benjamin Chew, another player on Depp’s legal team, said that the actor has struggled with drugs and alcohol and is “not a saint” but “he is not a violent abuser”.
Heard and Depp met when she auditioned for The Rum Diary. She began texting her mother images of bruises she alleges came at the hands of Depp as early as 2013. The couple were married in 2015 and divorced in 2017.
The actress obtained a restraining order against Depp in May 2016, citing domestic violence, and filed for divorce in the couple’s home state of California. California law states that no matter the reason for petitioning, Heard was eligible for half of Depp’s earnings for the entirety of their marriage — about $31 million.
“She only asked for $7m and pledged that to charity,” lawyer Elaine Bredehoft reminded jurors.
Heard also said that when she suggested both pre-and post-nuptial agreements, her former husband told her: “The only way out of this relationship is death.”
One of her lawyers, Benjamin Rottenborn, used the last moments of his closing arguments to reintroduce text exchanges between Depp and “his drug buddy” Paul Bettany in which Depp suggested “burning” his wife and then “[performing sexual acts upon] her corpse”.
Ms Vasquez said that this type of language could be attributed to his idolisation of his friend and journalist, Hunter S Thompson.
“He's got a dark sense of humour. It's not everyone's cup of tea, but it's who he is,” said Ms Vasquez. “But using bad language and colourful humour does not mean that you are a violent abuser.”
Mr Rottenborn called the exchange “disgusting” and that at the end of their marriage, Depp texted Bettany: “I hope that [expletive]’s rotting corpse is decomposing in the [expletive] trunk of a Honda Civic.”
“Ladies and gentlemen, these words are a window into the heart and mind of America's favourite pirate,” said Mr Rottenborn. “This is the real Johnny Depp.”
Depp denied sending the texts, though the forensic evidence produced proved otherwise.
“He has never accepted responsibility for anything in his life,” said Ms Bredehoft.
“He's blamed everybody in the world — his agent, his manager, his lawyer, Amber, his friends, everybody.”
Depp’s lawyers maintained that is it Depp who was the victim and that Heard manipulated injuries and destroyed her own property in an effort to frame Depp.
“We ask you, we implore you to give him his name, his reputation and his career back,” Mr Chew asked of the jury.
If the jury does not reach a verdict by end of day Friday, deliberations will resume next Tuesday. They have also been given the task of making a decision on Heard’s $100m countersuit.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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Killing of Qassem Suleimani
Call of Duty: Black Ops 6
Developer: Treyarch, Raven Software
Publisher: Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5
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Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
Expert advice
“Join in with a group like Cycle Safe Dubai or TrainYAS, where you’ll meet like-minded people and always have support on hand.”
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“When you sweat a lot, you lose a lot of salt and other electrolytes from your body. If your electrolytes drop enough, you will be at risk of cramping. To prevent salt deficiency, simply add an electrolyte mix to your water.”
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“Don’t make the mistake of thinking you can ride as fast or as far during the summer as you do in cooler weather. The heat will make you expend more energy to maintain a speed that might normally be comfortable, so pace yourself when riding during the hotter parts of the day.”
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Understand What Black Is
The Last Poets
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50-man Royal Rumble - names entered so far include Braun Strowman, Daniel Bryan, Kurt Angle, Big Show, Kane, Chris Jericho, The New Day and Elias
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WWE World Heavyweight ChampionshipAJ Styles (champion) v Shinsuke Nakamura
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United States Championship Jeff Hardy (champion) v Jinder Mahal
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Youth YouTuber Programme
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%3Cp%3EBy%202030%2C%20Abu%20Dhabi%20aims%20to%20achieve%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2039.3%20million%20visitors%2C%3C%2Fstrong%3E%20nearly%2064%25%20up%20from%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20Dh90%20billion%20contribution%20to%20GDP%2C%3C%2Fstrong%3E%20about%2084%25%20more%20than%20Dh49%20billion%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20178%2C000%20new%20jobs%2C%3C%2Fstrong%3E%20bringing%20the%20total%20to%20about%20366%2C000%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2052%2C000%20hotel%20rooms%2C%3C%2Fstrong%3E%20up%2053%25%20from%2034%2C000%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%207.2%20million%20international%20visitors%2C%3C%2Fstrong%3E%20almost%2090%25%20higher%20compared%20to%202023's%203.8%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%203.9%20international%20overnight%20hotel%20stays%2C%3C%2Fstrong%3E%2022%25%20more%20from%203.2%20nights%20in%202023%3C%2Fp%3E%0A