Don Johnson files for Bankruptcy

[gradysfalcon]

Actor Don Johnson has filed for bankruptcy to protect his Pitkin County ranch from being sold at auction, according to a published report.

Timber Doodle Glade Equity Venture LLC, a company controlled by the former "Miami Vice" star, filed for Chapter 11 bankruptcy April 14 in Denver Bankruptcy Court, the Rocky Mountain News reported in weekend editions.

Johnson's bankruptcy lawyer, Lee Kutner, said Friday that Doodle Glade is one of two entities that hold title to the Woody Creek property that Johnson purchased from Aspen socialite Terry Butler in 1987


The bankruptcy filing follows a Pitkin County lawsuit brought by City National Bank of Los Angeles in March, asking the court to allow the ranch to be auctioned to collect $930,000 Johnson owes the bank.

A judge in Los Angeles County ruled in September that Johnson owed the bank $921,891, and owes $21,891 in attorney fees.

Johnson's publicist, Elliot Mintz, said the actor is refinancing the ranch and the bankruptcy filing will stave off creditors until Johnson can get the financing he needs.

That's what he gets for dumping Melanie Griffith.

[nino brown]

wasnt he caught in germany with hundreds of millions in cash recently?

[nino brown]

Don Johnson probed in billion-dollar money laundering ring
Last Updated 2003-03-12 00:00:00.0


ArtsCanada


Don Johnson

Former Miami Vice star Don Johnson is under investigation by German authorities after $8 billion US worth of credit notes, cheques and securities were found in the trunk of his car.

German customs officials found the documents crammed in a suitcase after stopping the 53-year-old actor when he crossed the Swiss border last November.

Johnson, who was travelling with three companions, was held up for several hours as authorities photocopied all the documents. No charges have been filed but American tax and custom officials have also been informed.

German authorities confirmed Tuesday that Johnson, whose last television series was Nash Bridges, is a suspect in a money-laundering ring.

Johnson told the New York Post that he was on his way to buy a car and that none of the documents belonged to him.

"They're all legitimate papers and stuff from a passenger that was in the car. It has nothing to do with me," he said.

[TTinCO]

EIGHT BILLION?!?!?!?!?!? What in the hell was going on here?

Think about just exactly how much eight BILLION dollars is!!

[Bostongambler]

Dell Dude would put it on a ten team parlay...

[BettingProphets]

what about Tubbs

[Cobramoon]

last I saw Tubbs he was splitting time with Eric Estrada selling lots at California Pines

If any of you guys ever meet me in person, I have some GREAT Don johnson stories

[CAYA]

Originally posted by: Cobramoon
last I saw Tubbs he was splitting time with Eric Estrada selling lots at California Pines

If any of you guys ever meet me in person, I have some GREAT Don johnson stories

Cobramoon,

Any you can share here? If so that would be nice..

Larry Wilcox, Estrada's partner on CHIPS, was a near customer of mine in 1995 or 1996 when I was a partner in company selling Portable Offices. He talked big, but never bought. Another near customer was Stanley Roberts, who was still playing in the NBA at the time.

[Phreak]

They're all legitimate papers and stuff from a passenger that was in the car. It has nothing to do with me," he said.

Yeah right...I was on my way to buy a car and the passenger left 8 billions on the truck!!!!