HEIRESS DOESN’T WANT HER FINANCES SCRUTINIZED
By NAOMI KLOUDA ALASKA
JOURNAL OF COMMERCE
A Washington, D.C., attorney hired by Alice Rogoff in her Alaska Dispatch News bankruptcy case is arguing against subjecting Rogoff’s finances to deeper scrutiny until more specifics are spelled out.
Attorney James Lister of Birch Horton Bittner & Cherot’s Washington D.C. office argues in a Nov. 28 filing that Rogoff, the former owner of the ADN, wasn’t given ample time to produce financial documents, as requested, by Dec. 6. He also argues that bankruptcy laws allow his client to be told which people are to be witnesses. And, in a third point of the motion, seeks for Rogoff to be “more properly noticed including stating the due date for any objections.”
Nacole Jipping, the public trustee in the liquidation portion of the bankruptcy, has asked the court to allow her attorney William Artus to hire additional counsel from a specialty firm, Bush Kornfeld LLP in Seattle. A flurry of back-and-forth filings in November by Rogoff’s bankruptcy attorney Cabot Christianson argued against hiring the firm. The Bush Korfeld law firm could eat up proceeds that should go to the biggest creditor: Rogoff herself, he argued.
A hearing was to be held on Nov. 27 for the judge to rule on those arguments. But that hearing was postponed to Dec. 15. Bush Kornfeld LLC was to be hired on a contingency fee.
At the heart of the new arguments is the question of whose financial documents are being examined in what’s known as a 2004 examination: Rogoff as an individual or the “debtor,” the separate entity Alaska Dispatch LLC.
A 2004 examination provides a broader, more formal process to look in detail at debts accrued leading up to the bankruptcy. Creditors can use the exam to find property that wasn’t listed as part of the bankruptcy estate. It could look at bills racked up just prior to filing bankruptcy, according federal bankruptcy rules.
[Read more at Alaska Journal of Commerce]
Wow. This is the ultimate showdown in bankruptcy cases. I have no doubt her husband- the #132 richest man in the world – wants to quash this too. Its really quite ridiculous – Alice only owes $2.5 million (along with the $10 million she owes Northrim) and the only reason she doesn’t pay it off is because of her estranged relationship with her husband. Alice and her husband should simply pay their debts and this whole thing will be over and they can walk away looking good.
Just think what Alice would be up to if Hillary would have won.
OMG we truly avoided a major disaster!
I think the thing that bonded Alice, Clem, Bill W., Rick, Barack, Shannyn et al (in their little cabin across the bay) is their belief that we should pay an income tax in order to pay a “dividend”. Too bad for them – that is a really stupid idea.
Comments are closed.