Posted on 08/10/2008 7:56:16 AM PDT by Publius804
Richard Dreyfuss sues father, uncle over loan
1 day ago
LOS ANGELES (AP) — Richard Dreyfuss is suing his father and uncle over an $870,000 loan he claims was never repaid. The lawsuit centers around a loan Dreyfuss claims he made to his relatives in 1984, who owned an interest in a downtown Los Angeles office building.
Roughly 24 years later, Dreyfuss says that loan — and interest — remains unpaid.
(Excerpt) Read more at ap.google.com ...
He must really need the money.
I’m SURE it’s Bush’s fault.
Note to Self: Never loan money to Dems.
I think Richard Dreyfuss is a great actor. He should leave money lending and politics to those who know about something other than acting.
Maybe, maybe not. He might be trying to preserve the cause so he can make a claim against their estates later on, or if the building sells. If you don’t try to enforce a claim, it can be lost either because the loan would be considered a gift, or because of a statute of limitations effect.
When you are a multi-millionaire Oscar movie star, I think you can dispense with ‘loans’ to family members and just give out of the kindness of your heart.
Just reinforces stereotypes.
Um, anyone hear of Statute of Limitations?
1- Don’t ever loan money (or books) to relatives.
2- Don’t wait for the statute of limitations to be up for 17 years before suing.
Dingbat writer. How hard would it have been to write, " ... made in 1984 to his relatives, who owned ..."? But no, just throw the prepositional phrases in anywhichwhere.
It is a contract not a crime.
Sue your own father???
No effin way, I’d just rather consider the money a gift than go down such a sad road.
Don’t loan money to relatives unless you can accept the fact that it likely won’t be repaid.
Another Dem with a dysfunctional family.
This is too bad really; families get torn apart by things like this.
Me personally? I never LEND money to family. Oh, I may SAY it’s a loan, but in my own mind, I think of it as a gift. If it gets paid back, great, but if not...well...since I think of it as a gift, then there isn’t anything to repay.
Of course, if I can’t GIVE it at all, I simply say, “I’m so sorry, but we really can’t right now.”
Anyway, it’s worked for us in the past.
Regards,
Must be hard-up
Contracts have limitation periods too.
“He must really need the money.”
It’s be more than twenty years. Is Dreyfuss that strapped that he is suing two old men?
I wondered about the SOL, too, but it could have been a loan where repayment wasn’t to start for maybe 20 or more years ?
issues issues issues + he must really need the dough now
He also had a daughter who has retinitis pigmentosa. As a parent there wouldn't be a trust fund big enough for my child if they suffered from such an insidious disease.
Of course I'm guessing here. He still might be the loutish lib I always had him pegged for.
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