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Charity loses courtroom bid for Nina Wang’s $14 billion fortune

Hong Kong’s highest court has ruled that a charity entrusted with the late property tycoon Nina Wang’s multibillion-dollar estate will have to follow her will to the letter. The Chinachem Charitable Foundation saw its final attempt to exercise greater control over Wang’s HK$82 billion (S$14 billion) fortune quashed by the Court of Final Appeal on Keep Reading…

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Judge sucking cash from woman with dementia’s estate: suit (NY)

A Hamptons judge once censured by the state took advantage of a wealthy, legally blind, dementia-stricken Manhattan woman just so he could suck legal fees out of her estate, according to a lawsuit. So many strangers had been worming their way into 85-year-old Frances Coles’ life in the years before she died, her daughter Diana Keep Reading…

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Family still fighting to recover losses from state’s handling of man’s properties (ME)

ROCKLAND, Maine — Mediation has failed to resolve a legal battle over the state’s sale of a waterfront home for less than half its value while the owner was in a mental hospital. Two lawsuits remain in progress in the state’s Business and Consumer Court in Portland over the Owls Head property sale, damage to Keep Reading…

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Tom Benson fails to move Texas case to federal court (TX/LA)

As he prepares for a second week of testimony in a New Orleans competency hearing, Saints and Pelicans owner Tom Benson suffered a setback Tuesday (June 9) on another legal battlefront as he tries to maintain control of his multibillion-dollar fortune. A federal judge declined to take up a lawsuit over a trust fund that controls Keep Reading…

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Dispute over Martin Luther King Jr. Bible, Nobel prize headed for mediation

ATLANTA — A legal battle over the Rev. Martin Luther King Jr.‘s traveling Bible and 1964 Nobel Peace Prize is headed for court-ordered mediation, and lawyers for both sides said today they hope for a lasting resolution to issues that have long divided the civil rights icon’s heirs. The three surviving King children — Martin Keep Reading…

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Former chief clerk of Chatham Co. Probate Court indicted on fraud charges (GA)

SAVANNAH, GA (WTOC) – Former chief clerk of the Chatham County Probate Court, Kim H. Birge, 61, has been indicted by a federal grand jury sitting in Savannah on charges of mail fraud and federal program fraud. According to the allegations contained in the Indictment, between January 2011 and November 2014, Birge embezzled and stole Keep Reading…

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NT man draws probation sentence in elder abuse (NY)

Buffalo, NY – A North Tonawanda man learned his fate Tuesday for stealing hundreds of thousands of dollars from an elderly woman. The victim was his own aunt who is nearly 90. It’s yet another sad example of financial elder abuse. In this case, a businessman losing his business and taking money from the bank Keep Reading…

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Big-tipping bar regular’s boyfriend fights for more than just $10M (NY)

The long-time boyfriend of a filthy rich art collector who left $100,000 to two waitresses is fighting to get himself a much larger serving of his late lover’s fortune. Masahiro Hashiguchi is not happy with the roughly $10 million he was given from the $200 million estate of Robert “King of Ming” Ellsworth — and Keep Reading…

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Saints President Dennis Lauscha starts Tom Benson defense with testimony in mental competency trial on Friday (TX/LA)

The defense team for Saints and Pelicans owner Tom Benson began making its case Friday afternoon that the 87-year-old is still sharp enough to call the shots in the business empire he’s been building for 50 years — despite claims to the contrary from his estranged daughter and grandchildren. Saints President Dennis Lauscha was the Keep Reading…

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USA: Is Adult Protective Services protecting abusers?

When the Elder Justice Initiative was recently funded by Congress for $4 million for the fiscal year 2015 — at a mere fraction of the $25 million requested by President Obama — consumer advocates were ecstatic. The funds are earmarked for Adult Protective Services (APS), which has a national mandate to protect the elderly from Keep Reading…

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Spouse of homicide victim fights for share of estate (PA)

The estranged husband of a Scranton homicide victim is fighting a judge’s ruling that bars him from receiving any part of her estate based on claims he “deserted” her prior to her death. Donald Talerico of Scranton argued that although he and the victim, Kathleen Talerico, were separated, their divorce was never finalized. That entitles Keep Reading…

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Lawsuit prompts Dallas’ repeal of plastic bag fee (TX)

Rather than likely risk losing a lawsuit over its mandatory 5-cent fee for single-use bags, the Dallas City Council voted 10-4 on Wednesday to repeal the measure. Effective Monday, shoppers will no longer be charged a separate plastic bag fee. The policy, in effect since Jan. 1, was challenged in early May with the filing Keep Reading…

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Family of former mayor Tony Williams in probate court over mother’s will (DC)

During the eight years Anthony A. Williams served as mayor of the District, his mother, Virginia E. Hayes Williams, was a familiar fixture around the city, representing her son at official functions and social events so often that she was known as the District’s “first mother.” Some 10 years before her death last year at age Keep Reading…

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Judge denies look at Erceg documents (NZ)

Michael Erceg’s brother has been denied access to documents that would reveal who got what from two trusts set up by the late multimillionaire and liquor magnate. Erceg was the founder of ready-to-drink beverage company Independent Liquor and was estimated to be worth $620 million at the time of his death almost a decade ago. Keep Reading…

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Psychiatrist testifies in ‘very important day’ in trial of Saints, Pelicans owner Tom Benson (TX/LA)

Testimony in the trial to determine whether Saints and Pelicans owner Tom Benson has the mental acuity to continue making his own business decisions turned from emotional to clinical Thursday, as his estranged relatives ceded the witness stand to a geriatric psychiatrist they chose to evaluate the 87-year-old businessman earlier this year. Dr. Ted Bloch Keep Reading…

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