Thursday, January 4, 2007
Frozen OJ
From the NY Daily News:
A federal judge Wednesday temporarily froze movement of O.J. Simpson's assets until he decides the fate of a bid by murder victim Ron Goldman's family to get the money the ex-football star was paid for his failed "If I Did It" book and TV deal. The Goldmans sued Simpson last month, alleging his pact with News Corp.'s ReganBooks and Fox network was a fraud. They contend he unlawfully funneled his estimated $1 million paycheck to a dummy corporation to duck paying them and other creditors, including American Express. Simpson owes a $33.5 million wrongful death judgment to the heirs of Goldman and his ex-wife Nicole Brown Simpson because a civil jury found him responsible for their slashing deaths in 1994. He was acquitted of criminal murder charges. In U.S. District Court on Wednesday, Judge Manuel Real ordered a court-enforced "stand-still" of assets controlled by Simpson and Lorraine Brooke Associates, the alleged "shell" company Simpson's lawyer set up to channel the tome-and-tube deal income.
"He can no longer move assets around. We think that is very significant," said Goldman lawyer Jonathan Polak.
This is good news, but his assets should be being violated by some big guy named Bubba right now.
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