- 25 - have been able to enforce a constructive trust against my estate, I would think. Q the kids meaning -- A Being the Parker children. Q Yes. A And Larry, to the extent he had any interest -- Q Yes. A -- against my estate, if my estate tried to claim the entire property through those agreements or contracts that I acquired from Marty Nathan. And so, I felt that I held the bare legal title to this entity, the land and then the ultimate entity, and held it subject to the Parker children's ownership, and Larry Parker's rights. Larry Parker having $2.5 million, and the children having an interest in this joint venture we were putting together. Q The concept, trust, here, had no meaning beyond that? A I didn't think of it as that. I am holding title for the kids. I am just holding title. And that is my feeling. Bradish further testified about the period from January 1980 until March 1981, when the Bradish group interest was sold and the $2 million notes were received. He testified that he acted independently of Parker. He testified that he was looking out for the best interests of the daughters and himself. He testified that, "absolutely", he had the authority to act independently of Parker. We found Bradish to be a credible witness. We find that he acted independently of Parker. WePage: Previous 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Next
Last modified: May 25, 2011