Just days after the filing docs were made public, her lawyer opens up about the reasons their 10-year-marriage came to a halt.
According to PEOPLE, Lisa Marie Presley's attorney, Ronald Litz says that the couple will NOT be reconciling.
"They're not trying to work it out and get back together," he says in an interview. "She's done."
But after 10 years of marriage and beautiful twin daughters, the 48 year old daughter of 'The King', Elvis Presley, wants out - because of multiple issues.
According to the report, Lisa Marie's soon-to-be ex is unable to be located by her legal team, and Litz says that it's been over a month since Michael Lockwood moved out of their house, but they don't know where he's currently living.
In addition to him not receiving the divorce papers, the cause for her to file is "two-part", says Litz...and it involves money and their kids. It has been reported she's seeking full custody of their 7-year-old twin daughters.
"There are some problems with him being a good father," Litz says of Presley's case. "I absolutely believe that what we're asking for is necessary."
However, the issues don't end there. Litz revealed that Lockwood was in charge of her assets during the marriage (including managing her estimated $300 million net worth of inheritance from Elvis).
"He didn't do what he should have done on a fiduciary basis. He took advantage of her," Litz added.
Other news outlets have stated that she's hired a forensic accountant team to uncover exactly what happened, but nothing has been confirmed by Presley, Litz, or her team.
Watch the video below covering more details from her divorce.
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