Wednesday, May 28, 2014
A 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.