Wednesday, August 22, 2001

Wilkinson lenders press case




The Associated Press

        LOUISVILLE — Unsecured creditors in Wallace Wilkinson's bankruptcy case have asked for court permission to press the former governor's sons to repay about $5.5 million in loans.

Wilkinson
Wilkinson
        Mr. Wilkinson made the loans to his sons, Glenn and Andrew, at various times since 1995.

        They include loans that were secured by mortgages on the sons' homes and loans to buy stock in ecampus.com, the failed online bookstore business started by Mr. Wilkinson in 1999.

        The creditors want to collect on loans totaling about $3.4 million to Glenn Wilkinson, and $2.1 million to Andrew.

       



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- Wilkinson lenders press case