Posted on 12/20/2006 10:27:45 AM PST by Paddlefish
A new lawsuit demands that proceeds from O.J. Simpson's scuttled book and interview deal go to pay the civil judgement that found him liable for the murders of his ex-wife and her friend.
Attorney Jonathan Polak, who filed the suit on behalf of the family of murder victim Ronald Goldman, said Simpson received $1 million for the withdrawn HarperCollins book If I Did It and the accompanying two-part Fox Television interview that never aired. Unconfirmed reports mentioned a $3.5 million payday for the former football star.
Both HarperCollins and Fox are owned by News Corp.
Simpson was acquitted of the bloody 1994 murders in a sensational criminal trial, but a civil jury later found him liable and awarded a $33.5 million judgment to the victims' families. Little of that settlement has been paid.
The suit filed in US District Court in Los Angeles names as defendants Simpson and a corporation described by Goldman's attorney as a "sham entity" set up to funnel money to the two children Simpson had with slain ex-wife Nicole Brown Simpson.
(Excerpt) Read more at smh.com.au ...
I was too, and I fear it may be too little too late. I suspect that money is long gone by now.
Probably added it onto his "retirement" fund. After all, it is pretty tough to get by on a mere $30,000 a month.
Ya know, if you or I failed to pay our civil judgements we'd be thrown behind bars so fast it'd make your head spin. But OJ is merrily playing golf and doing the talk show circuit.
There's no such thing as debtor's prison anymore. If he doesn't have the money, he doesn't have the money.
Apparently, his pension and his house can't be seized. Other than that, my understanding is that he's broke.
If only I were that broke.
"Apparently, his pension and his house can't be seized. Other than that, my understanding is that he's broke."
It is impossible to own a million dollar plus home, have a $300,000 annual income and be broke.
Hopefully he is broken.
His funds are hidden , he is far from broke.
I've read that money shelter laws are the reason he now lives in Florida.
If he owed child support or alimony, I wonder if he could elude jail for refusing to pay it, regardless of what the source of his sizable income is.
The CFO of MCI Worldcom, knowing that his fraud would one day be uncovered, built himself a $50M home in FL and set up a number of home equity lines.
This basically gives him a $50M nest egg that the shareholders and regulators cannot touch, but which he and his family can access through loan money.
It's obscene.
Which is not a terrible notion.
The law should have had a provision exempting only homes that are worth, say, 10 times the avergae home price in the state or less.
If the house is over the limit and is seized, part of the seizure proceeds could then be held back to buy a home for the dependents.
Put yourself in his (Bruno Magli) shoes ...
Agreed. The law itself has some merit, but it is obviously being abused. Which is obscene.
The law needs to be rewritten now.
They don't call it that anymore, but you try not paying your federal income tax and see what happens.
If you cannot pay your federal income taxes the feds will work out a payment plan with you.
If you fraudulently conceal your tax liabilities or pretend that you don't have to pay your taxes, you may end up with a jail term if you are very stiffnecked about it.
No one has ever gone to prison for missing a filing or not having enough cash to pay their taxes - unless they are violating probation for doing so.
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