View Single Post
Old 11-08-2013   #66
Dan B.
Hall of Fame
 
Dan B.'s Avatar
 
Join Date: Jun 2007
Location: by the construction
Age: 36
Posts: 6,706
Rep Power: 63030 Dan B. is a quality contributor and well respectedDan B. is a quality contributor and well respectedDan B. is a quality contributor and well respectedDan B. is a quality contributor and well respectedDan B. is a quality contributor and well respectedDan B. is a quality contributor and well respectedDan B. is a quality contributor and well respectedDan B. is a quality contributor and well respectedDan B. is a quality contributor and well respectedDan B. is a quality contributor and well respectedDan B. is a quality contributor and well respected
Default Re: In lawsuit, Vince Young claims millions of his money missing

Quote:
Former NFL and University of Texas quarterback Vince Young has been ordered by a Harris County district judge not to hide, dispose of or waste personal assets as he faces a court hearing this week that could result in seizure of his property to pay a $1.8 million court judgment.

State District Judge Bill Burke last week signed a temporary restraining order sought by attorneys for Pro Player Funding, which obtained a judgment in 2012 in New York state ordering Young to repay a $1.8 million loan obtained during the 2011 NFL lockout.

Attorneys sought the order by claiming Young “may deplete and may continue to deplete his assets” prior to a Friday hearing during which Pro Player Funding will seek a turnover order that will allow it to seize Young’s property to satisfy the judgment.

Young is prohibited from “secreting or wasting assets, dissipating any personal assets, including but not limited to transferring or withdrawing money out of personal or business accounts and or selling, transferring or gifting personal property to others.”
http://blog.chron.com/ultimatetexans...leting-assets/
Dan B. is offline   Reply With Quote