Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

A Member of the Law Professor Blogs Network

Wednesday, May 28, 2014

Court Battle Over $400 Million Too Big to Stay in California

Money BagA heated case in California between business associates has spilled over into the Caribbean island of Nevis. Sir Owen Glenn, a regular presence in the annual National Business Review Rich List, is sueing two business associates for $400 million for taking control of his family trust, a move that he claims he was tricked into. In addition to the drama playing out in California, Glenn’s daughter, Jennifer Diane Connah, has sued in Nevis to have the two businessmen removed as trustees. She initially won, but now the appeal brought by the two men will be heard in Nevis in June.

See Bevan Hurley, Daughter Helps Dad Fight for Fortune, The New Zealand Herald, May 25, 2014.

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2014/05/court-battle-over-400-million-too-big-to-stay-in-california.html

New Cases, Trusts | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef01a73dcca662970d

Listed below are links to weblogs that reference Court Battle Over $400 Million Too Big to Stay in California:

Comments

Post a comment