Christian Laettner - Business Ventures and Philanthropy - Financial Difficulties

Financial Difficulties

In 2012, it was reported that Laettner, Davis and another business partner owed close to $30 million to various creditors. Attorneys for one of these creditors, former Duke basketball player and current Stanford University head basketball coach Johnny Dawkins, twice filed motions to find Laettner and Davis in contempt of court for failure to disclose financial records pertaining to debt collection activities. While US District Court judge Beryl A. Howell declined to find Laettner and Davis in contempt (which would result in jail time), she ordered the disclosures in two separate rulings.

Read more about this topic:  Christian Laettner, Business Ventures and Philanthropy

Other articles related to "financial difficulties, financial":

Opera Lyra Ottawa - History
... However, the company began experiencing financial difficulties after a series of expensive and poorly attended productions between 1996 and 1997 (Lucia di Lammermoor, Faust, Die Fledermaus, La ... Under Paterson's leadership, the company slowly recovered from its financial difficulties and improved its relations with the National Arts Centre ... The 2008 economic downturn led to renewed financial difficulties over the next three years which reached a crisis in November 2011 when the company was forced to retrench and cancel its ...
Inland Lakes Railway - Tracks - Tavares To Orlando
... The TO A also had financial difficulties after failing to pay interest on bonds and was sold at a public auction to The Florida Central Peninsular Railroad ... TFC P had financial difficulties as well and reorganized as Florida Central Peninsular Railroad Company (FC P) (“The” omitted from name) in 1893 ... The SAL had financial difficulties and was reorganized as the Seaboard Air Line Railway Company in 1915 (“Company” added to name) ...
Whitman-Walker Health - History - 2000s
... This change put an additional financial strain on the Clinic as it continued to provide services for a growing number of patients ... However, financial problems lead to the closing of the Schwartz Housing Program and the transition of all housing clients to other providers ... December 2004, telling the Washington Blade that the Clinic's financial difficulties had negatively impacted his health and citing other personal reasons for ...
Laguna Resources - History - Financial Difficulties
25 October 2003, the trade with SPP's share was suspended due financial difficulties of the company ...

Famous quotes containing the words difficulties and/or financial:

    If the underdog were always right, one might quite easily try to defend him. The trouble is that very often he is but obscurely right, sometimes only partially right, and often quite wrong; but perhaps he is never so altogether wrong and pig-headed and utterly reprehensible as he is represented to be by those who add the possession of prejudices to the other almost insuperable difficulties of understanding him.
    Jane Addams (1860–1935)

    America is a nation with no truly national city, no Paris, no Rome, no London, no city which is at once the social center, the political capital, and the financial hub.
    C. Wright Mills (1916–1962)