It looks like the WAO case is taking another interesting turn this week. Several months ago, I reminded the Texas OAG that the WAO failed to submit their monthly operations report for the summer. The reason why the report needed to be submitted was so we can see whether or not Michelle Anthony (now divorced from Jamie Cryer) spent WAO money without court approval on personal items or services. The WAO was also required to make monthly payments to the original Talley Road land owners which I heard is about six months in arrears.
It seems clear that the Texas OAG does not want to know if Michelle Anthony is allegedly stealing money from the WAO, nor to they care if the land owners receive their monthly payments by their refusal to enforce the court orders.
Curious to see if the land owners had any recourse, I read the Talley Road land deeds and it appears the owners cannot demand the land back due to non-payment as I originally thought. So essentially, the owners are forced to sit on the sidelines and wait to see what will happen to their land.
Tomorrow is the bankruptcy court hearing that will decide on the final fate of the WAO land. As you read the documents below, keep in mind that the WAO was once valuated in 2011 at $1.1M.
Not surprising the WAO and the Texas OAG wants to expedite this hearing as Ron and Carol Asvestas filed an objection to the decreased proposed sale price of the Talley Road land.
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Now to make this case even more interesting, one of the land lien holders will be at the hearing to see about getting her land back since the WAO failed to make six (or more) months land payments! I wish I could be a fly on the wall at this hearing!
I cannot believe the WAO case will soon come to a close. So much history. So much drama. And no justice for the animals. Wow.
New Developments!
The Asvestas' filed an objection to the possible land sale! I have to admit, it appears they have an excellent argument:
Now here is where this case gets interesting:
A sealed bid, with no minimum dollar bid, is crazy! What if the "best bid" comes in lower than $350,000? For the creditors' sake, they better hope the final bid is greater than $400k; else they may only receive a portion of the monies owed to them.
This case has been mishandled from day one. Why would I be surprised that the end of the case would be any better?
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