UPCOMING COURT HEARINGS & BASIC INFO
Presiding Judge in Mark F. Cohn criminal case:
Judge Philip S. Gutierrez
U.S. District Court - Central District California
Roybal Federal Building
255 E. Temple Street
Los Angeles, CA. 90012
(213) 894-1565
CASE NO.: 07-01104
Presiding Judge in Four Star investor civil class
action:
Judge Anthony Mohr
Los Angeles Superior Court
600 South Commonwealth Ave.
Dept. 309
Los Angeles, CA
(213) 351-8590
CASE NO.: BC 310846
Presiding Judge in Four Star, Anson, & Garrett bankruptcies:
Judge Thomas Donovan
U.S. Bankruptcy Court
255 East Temple St.
Los Angeles, CA
(213) 894-3728
CASE NOS.: LA 03-37579, LA 06-16126-TD, & LA 05-12488
Chap 7 Trustee Garrett Bankruptcy:
Alberta P. Stahl
221 North Figueroa St.
Suite 1200
Los Angeles, CA 90012
PH: (213) 580-7977
FAX: (213) 482-1647
CASE NO.: LA 05-12488
Chap 7 Trustee Anson Bankruptcy:
Heide Kurtz
2515 South Western Avenue
Suite 11
San Pedro, CA 90732-4643
PH: (310) 832-3604
CASE NO.: LA 06-16126-TD
Chap 7 Trustee Four Star Bankruptcy:
Richard Marshack
26632 Towne Center Drive, Suite 300
Foothill Ranch, CA 92610
EMAIL: RMarshack@shbllp.com
PH: (949) 340-3400
FAX: (949) 340-3000
CASE NO.: LA 03-37579
U.S. Attorney's Office:
Evan J. Davis
Assistant United States Attorney in charge of Four Star criminal case
The U.S. Attorney's Office - Central District of California
300 North Los Angeles Street
Room 7211
Los Angeles, California 90012
Phone: (213) 894-4850
EMAIL: Evan.Davis@usdoj.gov
Federal Bureau of Investigation
Carolyn Nakamura
Special Agent in charge of Four Star investigation
FBI - Los Angeles
11000 Wilshire Blvd., #1700
Los Angeles, CA 90024
Phone: (310) 996-3915
Disclaimer: The "Four Star Financial Services, LLC" entity referred to throughout this site is in no way associated with "Four Star Financial, Inc." - the Indiana mortgage broker.
« 4Star Trustee Strikes $70 Million Settlement With Mark Cohn | Main | Trustee Files Numerous Lawsuits »
November 22, 2005
Trustee Proposes $2 Million Settlement with AnsonIn late October, the Trustee proposed a settlement with Ron Anson. (See link here - warning, 3mb PDF file)
Within the proposal the Trustee states: "Based on the Trustee's extensive investigation of the Debtor's books and records, the review of documents obtained from third parties, and meetings and depositions with a number of parties, including Mr. Anson, the Trustee believes that although Mr. Anson was grossly negligent in his role as managing member of the Debtor, he did not knowingly engage in fraudulent conduct or intentionally deceive any of the investors of their money."
According to the proposed settlement document, Anson will transfer to the Trustee his right, title and interest in Red Mustang, LP (worth approximately $2.3 million, if not encumbered by any liens) as well as two entities with a partnership interest in a Phoenix hotel with an unknown value.
The proposal says, "Were I to pursue the breach of fiduciary duty case against Mr. Anson to judgment, I believe that the damages would be roughly equal to the investor loss caused by lapses in duty,....I have determined that proceeding with this settlement now is in the best interests of the estate and is the estate's only hope of realizing any value from the litigation against Mr. Anson. This is because several other creditors have long ago obtained judgments against Mr. Anson in unrelated matters and have begun taking actions to enforce their judgments against Mr. Anson and his assets."
Many investors have objected to the settlement and allege that Mr. Anson, as well as Mr. Garrett, Mr. Cohn, and other Four Star "insiders", knowingly deceived investors. A settlement hearing is scheduled on Wednesday, December 7 at 10:30 AM in Courtroom 1345, at 255 East Temple Street.
The Court would appreciate receiving any written opposition prior to the scheduled hearing, although opposition will also be accepted at the time of the hearing.
Jeffrey Golden is the Trustee's attorney for this matter. His phone number is 714-966-1000.
