(CNN) Michael Cohen's shell company, Essential Consultants, filed a status report Friday evening agreeing to tear up the original 2016 agreement with adult film star Stormy Daniels, in which Cohen arranged to pay her $130,000 to stay silent about her alleged affair with President Donald Trump. "Today, Essential Consultants LLC and Michael Cohen have effectively put an end to the lawsuits filed against them by Stephanie Clifford aka Stormy Daniels," said Brent Blakely, Cohen's lawyer. "The rescission of the Confidential Settlement Agreement will result in Ms. Clifford returning to Essential Consultants the $130,000 she received in consideration, as required by California law." As a part of the status report, Essential Consultants -- the shell company Cohen set up to make the payment to Daniels -- requested that she pay back the $130,000 she received. Daniels has discussed her alleged affair with Trump in the media, including an interview on CBS' "60 Minutes" in the spring where she described her version of events.

Source: CNN September 08, 2018 02:00 UTC