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Benson's trust accounts temporarily frozen in TX

Posted on 1/22/15 at 5:14 pm
Posted by arseinclarse
Algiers Purnt
Member since Apr 2007
34412 posts
Posted on 1/22/15 at 5:14 pm
LINK

quote:

A Texas judge has ordered a temporary freeze on the money and assets in a trust controlled by New Orleans Saints and Pelicans owner Tom Benson, an order requested by his daughter, Renee Benson.

The temporary restraining order, signed by Judge Thomas E. Rickhoff of Bexar County on Wednesday (Jan. 21), prevents Benson from withdrawing, transferring or otherwise diminishing the value of the Shirley L. Benson Testamentary Trust.
This post was edited on 1/22/15 at 5:16 pm
Posted by LSUneaux
NOLA
Member since Mar 2014
4490 posts
Posted on 1/22/15 at 5:23 pm to
This is awful. It's his fricking money!!!! Leave the old man alone. That family sucks.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
25992 posts
Posted on 1/22/15 at 5:26 pm to
quote:

This is awful. It's his fricking money!!!! Leave the old man alone. That family sucks.


I would normally agree with you on this but the truth of the matter is that Tom Benson has been mentally incapacitated for at least 6 months now. Lot of political, religious, and business interests at stake in this mess.
Posted by Jake88
Member since Apr 2005
68301 posts
Posted on 1/22/15 at 5:27 pm to
It's what entitled people who haven't earned the money do when consequenced for trashy behavior.
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 1/22/15 at 5:29 pm to
quote:

Tom Benson has been mentally incapacitated for at least 6 months now.


You don't mind if we just let the medical (psychiatric) community decide this, do you?
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
142023 posts
Posted on 1/22/15 at 5:31 pm to
quote:

Tom Benson has been mentally incapacitated
will hiring Ditka be used as evidence against him?
Posted by WeeWee
Member since Aug 2012
40139 posts
Posted on 1/22/15 at 5:34 pm to
quote:

This is awful. It's his fricking money!!!! Leave the old man alone. That family sucks.


Isn't that standard operating procedure in a case like this? It keeps Tom (or Gayle) from overreacting until the case is resolved.
Posted by BrotherEsau
Member since Aug 2011
3504 posts
Posted on 1/22/15 at 5:37 pm to
yes, and given the allegations of the Petition they filed in CDC, it's because he has stopped managing the money and business interests properly.

Apparently, no one reads anything, and simply follows the line of "money grubbing assholes, its his money" and never contemplate that just maybe, he has gotten old and is being controlled by a wife who doesn't know what she is doing and is trying to steal "his" money.
Posted by Jake88
Member since Apr 2005
68301 posts
Posted on 1/22/15 at 5:38 pm to
There can be some cognitive impairment and he still can be competent to change his will.
Posted by VOR
Member since Apr 2009
63545 posts
Posted on 1/22/15 at 5:40 pm to
The Texas judge issued a Temporary Restraining Order. That's all. Will only be in effect until there's a hearing
Posted by TigerNlc
Chocolate City
Member since Jun 2006
32496 posts
Posted on 1/22/15 at 5:41 pm to
I hope he is ruled competent and cuts all three completey off.
Posted by BrotherEsau
Member since Aug 2011
3504 posts
Posted on 1/22/15 at 5:42 pm to
quote:

The Texas judge issued a Temporary Restraining Order. That's all. Will only be in effect until there's a hearing


At which point we will hopefully have some idea of who is full of shite.

Posted by Jake88
Member since Apr 2005
68301 posts
Posted on 1/22/15 at 5:49 pm to
I believe cutting them off completely would only provide more grist for the mill.
Posted by VOR
Member since Apr 2009
63545 posts
Posted on 1/22/15 at 5:50 pm to
Interesting and predictable they filed by in Texas and dealt only with Texas assets.

They would likely have been thrown out on their asses in Louisiana.
Posted by Fun Bunch
New Orleans
Member since May 2008
115958 posts
Posted on 1/22/15 at 5:58 pm to
They aren't playing. Damn.
Posted by nolanola
Member since Nov 2010
7582 posts
Posted on 1/22/15 at 6:34 pm to
This whole thing is going to get ugly. Especially if he passes away or is health goes down while all of this is going on.
Posted by Chad504boy
4 posts
Member since Feb 2005
166322 posts
Posted on 1/22/15 at 6:36 pm to
I'm appealing this thread
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
25992 posts
Posted on 1/22/15 at 6:50 pm to
The Texas court is going to order a mental capacity evaluation on Benson before they do anything else.
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
142023 posts
Posted on 1/22/15 at 6:54 pm to
quote:

I'm appealing
we'll have to agree to disagree on that
Posted by Chad504boy
4 posts
Member since Feb 2005
166322 posts
Posted on 1/22/15 at 6:55 pm to
You're insane
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