Mysterious $14M Verizon payable looms over Durham firm
CLST Holdings founder Al Goldfield says the company hid a $14 million debt to Verizon Communications Inc. in the years after
he left.
Greg Andrews
Articles
Judge’s disclosure rules broader than Bren Simon sought
The protective order will allow David Simon and Cynthia Simon-Skjodt access to records, even though they aren’t plaintiffs.
Judge: Bren Simon can’t liquidate Simon Property holdings
A Hamilton County judge says Mel Simon’s widow can’t cash in partnership units worth more than $500 million.
Many banks cutting dividends to merely a penny
Banks used to take pride in having long records of increasing dividends. Now, about all most can say is they still pay one.
Lawyers in Simon estate case fight over what should be public
Parties disagreed over public disclosure in the first major court hearing in the dispute over how to divide the billionaire's
fortune.
Fair Finance trustee to make life tough for people on loan list
Borrowers from Tim Durham's bankrupt finance company will face heavy-handed collection tactics.
Simon daughter questions using father’s estate to pay donations
Pledges to St. Vincent, Indianapolis Museum of Art should be paid by trusts, foundations affiliated with Bren Simon, court
papers allege.
Judge halts dissolution of struggling Durham firm
A judge has blocked Tim Durham and other directors of Dallas-based CLST Holdings Inc. from dissolving the struggling company
at the close of business Friday. Its largest shareholder hopes to place dissident candidates on the board.
Bankruptcy trustee for Fair Finance wades into morass of insider loans
Brian Bash will need to untangle a web of related-party transactions that have befuddled nearly everyone who has tried to make sense of them.
Judge places Fair Finance into bankruptcy
A federal trustee will take control of the company’s assets while securities-fraud probes continue.
Millionaire lawyer jumps into Melvin Simon will fight
Mike Ciresi, who’s representing widow Bren Simon, helped win a $6 billion settlement from the tobacco industry.
HHGregg’s faster growth boosts risk, potential rewards
HHGregg Inc. had been in business nearly a half century when it hit the 50-store mark in 2004. It plans to open nearly
that number within the next year.
Fair Finance going along with appointment of receiver
Attorneys for the company and its parent firm denied any fraud occurred but said receivership nonetheless made sense.
Durham-backed firm to halt trading, dissolve
Dallas-based CLST Holdings Inc. has struggled, and its shares trade for a mere 9 cents apiece.
Fair Finance investors force company into bankruptcy
Investors in Tim Durham’s Fair Finance Co. shoved the company into bankruptcy court Monday morning, a move intended
to reduce the risk assets will disappear while securities fraud probes continue.
Fair Finance investors file motion for receiver to control assets
The motion filed in an Ohio court is aimed at preventing funds from disappearing while investigations continue.
Brizzi contributor Epperly no stranger to controversy
Harrison Epperly has made a fortune in his business career, but he’s also sparked controversy.
Deborah Simon says other potential trustees have conflicts
Melvin Simon’s daughter, who’s seeking to remove her stepmother from overseeing a trust that holds her late father Melvin’s
fortune, says a corporate trustee is a better option than brother David Simon or family financial adviser Bruce Jacobson.
Melvin Simon’s daughter seeks to oust Bren as trustee
Deborah Simon is seeking
the removal of her stepmother and appointment of a corporate trustee while her lawsuit challenging changes
to the late billionaire’s will plays out. The move is the latest salvo in an escalating battle over
an estate that could be worth $2 billion.
Fair Finance investors aim ire at U.S. attorney
Ohio residents who put money into Tim Durham’s company want the U.S. Attorney’s Office to seize his and the company’s assets.