Wilf hearing heads into second day
- Blog Post by:
- December 12, 2013 - 8:30 AM
Attorneys representing Minnesota Vikings owners Zygi, Mark and Leonard Wilf will resume arguments in a New Jersey courtroom today, making the case to keep the net worth of their clients sealed and looking to limit the penalties they must pay in a real estate fraud case.
When the hearing in Morristown, N.J. ends, the Wilfs will learn the total of the damages and legal fees they will have to pay siblings Josef Halpern and Ada Reichmann, who sued the family over a 1980s real estate deal.
Superior Court Judge Deanne Wilson determined in September that brothers Zygi and Mark Wilf, along with their cousin, Leonard Wilf, must pay $84.5 million to Halpern and Reichman. Wilson must now decide whether the Wilfs will pay another $15.1 million to cover the plaintiffs’ legal fees and other expenses tied to the case.
A state appeals court this week refused to consider the Wilfs’ request to keep their net worth private. The information will remain sealed until Wilson renders her final judgment.
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