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January 04, 2007

Judge Freezes OJ's Assets

It's about time. The sonofabitch.

federal judge yesterday temporarily froze movement of O.J. Simpson's assets until he decides the fate of a bid by murder victim Ron Goldman's family to get the dough the ex-football star was paid for his failed "If I Did It" book and TV deal. The Goldmans sued Simpson last month, alleging his pact with News Corp.'s ReganBooks and Fox network was a fraud.

They contend he unlawfully funneled his estimated $1 million paycheck to a dummy corporation to duck paying them and other creditors, including American Express.

Simpson owes a $33.5 million wrongful death judgment to the heirs of Goldman and his ex-wife Nicole Brown Simpson because a civil jury found him responsible for their slashing deaths in 1994. He was acquitted of criminal murder charges.

In U.S. District Court yesterday, Judge Manuel Real ordered a court-enforced "stand-still" of assets controlled by Simpson and Lorraine Brooke Associates, the alleged "shell" company Simpson's lawyer set up to channel the tome-and-tube deal income.

"He can no longer move assets around. We think that is very significant," said Goldman lawyer Jonathan Polak.

Thanks to yls.


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posted by Ace at 05:11 PM

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