Siblings' fight over MLK estate set for trial
source: http://www.cnn.com/2009/US/10/12/king.trial/index.html?iref=24hours
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ATLANTA, Georgia (CNN) -- Jury selection is set to start Monday in a trial pitting two children of Martin Luther King Jr. against their brother, whom they accuse of mishandling the late civil rights leader's estate.
Bernice King and Martin Luther King III sued their brother Dexter King in July 2008, one month after accusing him of converting "substantial funds from the estate's financial account at Bank of America" for his own use, according to the lawsuit.
Also named as a defendant is the Martin Luther King Jr. estate, which is incorporated. Dexter King is the corporation's president and chief executive, in addition to being the estate's administrator.
The three are the only shareholders in the corporation, and the plaintiffs hold at least 20 percent of its outstanding shares.
The lawsuit contends Dexter King illegally and fraudulently converted estate funds and should be forced to repay the money and reimburse the plaintiffs' legal costs. The document, which lists five counts, does not say how much he is accused of taking.
Dexter King has denied the accusations.
...More...
Bernice King and Martin Luther King III sued their brother Dexter King in July 2008, one month after accusing him of converting "substantial funds from the estate's financial account at Bank of America" for his own use, according to the lawsuit.
Also named as a defendant is the Martin Luther King Jr. estate, which is incorporated. Dexter King is the corporation's president and chief executive, in addition to being the estate's administrator.
The three are the only shareholders in the corporation, and the plaintiffs hold at least 20 percent of its outstanding shares.
The lawsuit contends Dexter King illegally and fraudulently converted estate funds and should be forced to repay the money and reimburse the plaintiffs' legal costs. The document, which lists five counts, does not say how much he is accused of taking.
Dexter King has denied the accusations.
...More...
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