Lawyer News
Today's Date: U.S. Attorney News Feed
Ex-billionaire hit with forced bankruptcy petition
Lawyer Blog News | 2011/04/07 16:20

Taxing authorities from three states have filed an involuntary bankruptcy petition against former billionaire Tim Blixseth.

The petition says the real estate baron owes $2.3 million in California, Idaho and Montana. It was filed Tuesday in U.S. Bankruptcy Court in Nevada.

Blixseth rose to fame and fortune after founding Montana's ultra-exclusive Yellowstone Club. He left the winter playground for Bill Gates and others before its 2008 bankruptcy. Creditors say he made off with $286 million.

Earlier allegations of unpaid taxes in Montana have been contested by Blixseth as unfounded.

He told The Associated Press Wednesday that the bankruptcy petition stemmed from Montana's "bogus" claims and pledged to fight it.

Blixseth's value was once pegged by Forbes magazine at $1.3 billion. Court documents now put the figure at roughly $230 million.




[PREV] [1] ..[2626][2627][2628][2629][2630][2631][2632][2633][2634].. [7631] [NEXT]
   Lawyer News Menu
All
Lawyer Blog News
Court Feed News
Business Law Info
Class Action News
Criminal Law Updates
Employment Law
U.S. Legal News
Legal Career News
Headline News
Law & Politics
Attorney Blogs
Lawyer News
Law Firm Press
Law Firm News
Attorneys News
Legal World News
2008 Metrolink Crash
   Lawyer News Video
   Recent Lawyer News Updates
Trump order aims to end fede..
Federal Judge Blocks Trump’..
FOCUS - President Trump prop..
Supreme Court allows small b..
South Korea’s Yoon defends ..
Breaking Legal News Lega..
Court declines to hear from ..
Florida Attorney General Ash..
Americans’ trust in nation..
Trump asks the Supreme Court..
Rudy Giuliani is in contempt..
Small businesses brace thems..
Appeals court overturns ex-4..
Luigi Mangione pleads not gu..
Amazon workers strike at mul..
TikTok asks Supreme Court to..
Supreme Court rejects Wiscon..
US inflation ticked up last ..
Court seems reluctant to blo..
Harvey Weinstein hospitalize..
   Lawyer & Law Firm Links
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Family Law in East Greenwich, RI
Divorce Lawyer - Erica S. Janton
www.jantonfamilylaw.com/about
San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
Raleigh, NC Business Lawyer
www.rothlawgroup.com
Oregon DUI Law Attorney
Eugene DUI Lawyer. Criminal Defense Law
www.mjmlawoffice.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
Legal Document Services in Los Angeles, CA
Best Legal Document Preparation
www.tllsg.com
Connecticut Special Education Lawyer
www.fortelawgroup.com
Family Lawyer Rockville Maryland
Divorce lawyer rockville
familylawyersmd.com
© Lawyer News - Law Firm News & Press Releases. All rights reserved.

Attorney News- Find the latest lawyer and law firm news and information. We provide information that surround the activities and careers in the legal industry. We promote legal services, law firms, attorneys as well as news in the legal industry. Review tips and up to date legal news. With up to date legal articles leading the way as a top resource for attorneys and legal practitioners. | Affordable Law Firm Website Design