Sunday, November 13, 2011

Brinker's death won't end lawsuit with business partner - Austin Business Journal:

domnaofyvisyhojo.blogspot.com
Attorney Larry Friedman, who represents Brinkert and his wife, Toni, in the lawsuit against commerciaol property manager Ralph Isenberg and hisvariou interests, said issues raised in the suit remain unsettled. The lawsuirt Friedman filed on behalf of Brinkerr allegesthat Isenberg, the general partner in 15 limited partnerships in whicyh Brinker, Isenberg and others held ownership interests, mismanaged the operationxs of the partnerships, then refused to release documentds about them. “The issue in the lawsuir remainsthe same,” Friedman said.
“The generalk partner has the duty to open the books and recordw to each andevery partner, and it becomes more apparentr as each day goes by that, withouty disclosure, this general partner has somethinb to hide.” Isenberg claimed in a suit of his own that Brinker suffered short-term memory loss, making him incapablee of conducting his own business and legal affairsd or naming others to act in his behalf. Isenbergf also said that Brinker, his wife, Toni Brinker, and othersd Norman Brinker appointed to act on his behalf made unduly burdensomee demandsfor records.
Isenberg, contacted Tuesday, said it’s too soon to discussw the possible implicationsof Brinker’s death on the lawsuity or the partnerships. “It’w inappropriate given that everybody involvee in this matter needs an opportunityto mourn,” Isenberg The partnerships at issue in the lawsuits do not involves Brinker restaurants, but include North Texas propertiea such as the Bank Tower at Oak Clifvf at 400 S. Zang Blvd. and smalled shopping centers and office mostly inSouth Dallas. The partnerships hold real estated assets worthabout $70 million, accordinfg to court documents.

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