Sunday, August 12, 2001

What's the Buzz?


Judge declines to move trial to Louisville

        A Kenton County judge has denied a motion by former Kentucky Transportation Secretary to move a potentially high-octane trial to Louisville from Northern Kentucky.

        Local businessmen Larry Maxey and Larry Schindeldecker had sued Milo Bryant, the former secretary, and the law firm Frost Brown Todd in April, claiming they were defrauded out of the opportunity to buy the contract-electronics unit from Baldwin Piano & Organ Co. in Mason.

        Instead, Frost Brown Todd's Louisville office steered the electronics division to Mr. Bryant, Mr. Maxey charged in the lawsuit. Mr. Bryant bought it for $9.7 million using the name Ayrshire Electronics in February.

        Mr. Maxey is the former head of Clarion Manufacturing Corp. in Walton.

        Mr. Bryant immediately asked to move the case to his home base of Louisville, but Judge Patricia Summe said that because Frost Brown Todd maintains an office in Kenton County, the case would be held here.

        “It's good news for us,” said Bob Winter, the attorney representing Mr. Maxey and Mr. Schindeldecker. “This means all the claims will be tried in one court.”
       

— Cliff Peale

        Have a tip about a Tristate company that should be included in our Buzz? Call 768-8147 or e-mail business@enquirer.com.

       



Making more, falling behind
Forged autographs cost collectors dearly
P&G sinks teeth into Iams
Dolls bobbing back up
Lenders see startup loans as risky business
Lightning Financial connects entrepreneurs to lender
Business Notes
- What's the Buzz?