Pin It

Thursday, September 9, 2010

Summerhill citizens' group sues founder Doug Dean

A legal battle has begun near Turner Field, Jim Walls reports:

Non-profits everywhere are having a tough time making ends meet. But this ruckus also involves allegations of fraud and raises questions about oversight of $1.6 million in Braves parking fees that have been redirected to the neighborhood since 1997.

The Summerhill Neighborhood Development Corp. sued its founder, former state Rep. Douglas Dean, in May, alleging he secretly pledged the nonprofit’s property to back $2.4 million in bank loans — now in default — to benefit a private developer.

The non-profit, according to the suit, “now faces the very real possibility of losing substantially all of its real property assets.” It asks that a judge declare the real estate to be Summerhill’s, free and clear of any other claim, plus punitive damages from Dean and other defendants.

That's just a sampling. Head over to Atlanta Unfiltered for more.

Tags: , , , ,

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
Showing 1-3 of 3

Add a comment

Latest in Fresh Loaf

More by Thomas Wheatley

11/20/2014

Search Events

Search Fresh Loaf

Recent Comments

© 2014 Creative Loafing Atlanta
Powered by Foundation