Billionaire ex-husband sues Ocean's Thirteen star Ellen Barkin

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Ocean's Thirteen star Ellen Barkin is preparing for a bittler court battle with her former husband Ronald Perelman.

The billionaire Revlon cosmetics mogul is suing the actress and her brother George Barkin, claiming they drained money from a movie production company they formed together and he financed.

Perelman, 63, alleges that Barkin and her brother formed Applehead II to compete with Applehead I, the firm the siblings had started with Perelman.

He contends they siphoned money from Applehead I to pay for Applehead II.

A spokeswoman for Barkin did not immediately return a call seeking comment on Wednesday.

Perelman also claims in his lawsuit that the misappropriated money was used to pay Barkin Industries, a company owned by the actress, to finance a lawsuit against her ex-husband and to pay her brother a £125,000 annual salary.

Perelman, whose net wealth is estimated at £2.5billion, claims he contributed £225,000 to the Applehead I venture in 2005. The lawsuit does not say how much he has contributed in total.

Perelman and Barkin divorced in 2006 after almost six years of marriage.

She sued Perelman in August, saying he failed to keep an agreement made before their divorce to fund Applehead I with £1.7million.

"We were initially disappointed at Ms. Barkin's attempts to further enrich herself after the divorce," Perelman spokeswoman Chris Taylor said.

"We are further disappointed to learn of her additional actions to further enrich herself, her family and friends. We intend to pursue our remedy in the courts."

Perelman's lawsuit, which also names an employee and a lawyer associated with Applehead I, asks for unspecified compensatory damages, punitive damages and an order requiring the return any misappropriated assets.

Ex factor: Ellen and Ronald Perelman divorced in 2006 after almost six years of marriage