In 2011, a courtroom dominated that former Duke basketball star Christian Laettner and his associate/former Duke teammate Brian Davis needed to pay former NFL linebacker Shawn Merriman almost $4 million after mortgage default which Merriman prolonged to the duo to assist finance the actual property mission.
The Charlotte Observer experiences that two different NFL gamers are actually demanding compensation from Laettner and have joined different collectors in submitting involuntary chapter proceedings towards him. Panthers operating again Jonathan Stewart says he’s owed $3,629,230 and former Lions, Eagles, Colts and Cowboys linebacker Ernie Sims is searching for $1,482,730 as a part of a complete of $14.05 million sought by a bunch of 5 collectors.
The corporate, which lists Laettner as a associate, acquired $28.3 million in proceeds from the sale of a mixed-use mission in Durham, North Carolina, and Laettner's lawyer, Hassan Zavareei, stated they hope to make use of a few of that cash to fulfill his shopper's excellent money owed.
“We’re optimistic that the proceeds from the sale of West Village can be utilized to succeed in a worldwide decision with all of Christian's collectors,” Zavareei stated. “Such, negotiations are ongoing.”
Whether or not these negotiations keep away from additional chapter proceedings or not, it might be time for NFL gamers to search out totally different locations to take a position their cash.
