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At some point after the March 11 meeting at which they
agreed to the settlement, Mr. and Mrs. Wolfe began divorce
proceedings. At a hearing before the Butler County (Ohio) Court
of Common Pleas, Division of Domestic Relations, on May 22, 2003,
Mr. and Mrs. Wolfe agreed to have one of the managers of
Bristol’s appointed temporary receiver to manage “their business
known as Bristol’s.” The order adopting this agreement is dated
May 29, 2003. The order refers only to the trade name
“Bristol’s” and not to the corporate entity WFO. It provides in
pertinent part:
The parties agree to have a temporary receiver/manager
of their business and specifically agree to Ivan
Deborde’ [sic]. It is agreed the receiver shall
collect all income, deposit the same into a bank
account to be established by the receiver or a bank
account agreed upon by the parties and that only that
receiver shall have the authority to withdraw funds
from that account or to write checks out of that
account to pay the ordinary and usual bills and
expenses of the business. The receiver shall be and is
specifically authorized by the parties to pay the
ordinary and normal bills and expenses of the business
to keep it operating until further order of this Court,
* * *
Under the order, Mr. Deborde was to remain as “receiver/manager”
until the court could hold a hearing “to determine the management
and running of the parties’ business known as Bristol’s”. In the
final paragraph, the order provides that the agreement “was
entered into to allow the business to operate until the parties
can have the more complete and full hearing” on the issue.
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Last modified: May 25, 2011