Reference Case # 04CC-002091 St. Louis County Circuit Court
William T. Milligan stated a COMMON FACTUAL ALLEGATION:
6. From its inception in 1989 until approximately late summer of 2003, Call Newspapers enjoyed a healthy rapport with the district.
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Now I don’t want you to get hung up on the part about the healthy rapport part. Sure, it’s absurd, but please concentrate on inception in 1989.
Notice what happens in June of 1984.
Now I don’t want you to get hung up on the part about the healthy rapport part. Sure, it’s absurd, but please concentrate on inception in 1989.
Notice what happens in June of 1984.
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Reference: Case # 681813 St.Louis County Circuit Court
Alonzo Potts as Plaintiff stated in PETITION:
6. Potts, Milligan, and Baker were originally equal shareholders in the Call. As detailed herein, Milligan and Baker used their control over the Call to seize the newspaper business and transfer all of the assets to their new corporation, Concord.
COUNT I Breach of Fiduciary Duty
8. Potts, Milligan and Baker formed Call in or about June, 1989.
15. On or about January 1994, Milligan and Baker intentionally and in bad faith transferred substantially all of the Call’s assets, including the newspapers Oakville Call and Concord Call, to defendant Concord.
Reference: Case # 681813 St.Louis County Circuit Court
Alonzo Potts as Plaintiff stated in PETITION:
6. Potts, Milligan, and Baker were originally equal shareholders in the Call. As detailed herein, Milligan and Baker used their control over the Call to seize the newspaper business and transfer all of the assets to their new corporation, Concord.
COUNT I Breach of Fiduciary Duty
8. Potts, Milligan and Baker formed Call in or about June, 1989.
15. On or about January 1994, Milligan and Baker intentionally and in bad faith transferred substantially all of the Call’s assets, including the newspapers Oakville Call and Concord Call, to defendant Concord.
COUNT IV (FRAUD)
39. Milligan and Baker stated and continuously represented to Potts that if Potts mortgaged his house and loaned $30,000 to Call, he would own one- third interest in the newspaper business.
51. Milligan has admitted to Potts that the transfer of the assets from Call to Concord was, in his own words, “ a fraudulent transfer.”
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39. Milligan and Baker stated and continuously represented to Potts that if Potts mortgaged his house and loaned $30,000 to Call, he would own one- third interest in the newspaper business.
51. Milligan has admitted to Potts that the transfer of the assets from Call to Concord was, in his own words, “ a fraudulent transfer.”
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I usually don’t struggle to find words to express my opinion, but I’m having a little trouble now. What could I possibly add to this story that hasn’t already been said in these court documents. How about this? I’ll bring you more later.
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