Gallery Owners Can't Recover Seized Wares
Chattanooga Times Free Press › September 04, 2009
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Summary
"We would never have resorted to such conduct," Mr. Wolford said in a written statement last week after indicating that he and his wife were "blindsided" by the raid and actually met with bank officials less than 24 hours beforehand to renegotiate the terms of their loan.
"They sneaked in early on (Feb. 13)," Mr. [Lloyd Stanley] said. "It was a sneak attack."Whatever the outcome may be in the coming months, Chancellor [Frank Brown] referenced the nation's "perilous" economic crisis that he indicated might have contributed to the bank's extreme measures with the Wolfords."If you work together," Chancellor Brown advised, "it's going to be cheaper in the long run."See the full content of this document
Extract
Gallery Owners Can't Recover Seized Wares
By Monica Mercer
mmercer@timesfreepress.comDescribed by a judge as having "overtones of a divorce case," a business relationship further soured Tuesday when the owners...See the full content of this document
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