RSS

Arrest Warrant Issued for Tampa Millionaire for Failing to Pay Alimony and Child Support

16 Dec
Circuit Judge Caroline Tesche issued a warrant for the arrest of a Bay area businessman for failure to pay child support and alimony.   According to a story reported in the Tampa Tribune , John Stanton owes his ex-wife and son $6.5 million in alimony and child support.   A hearing was held on Thursday, December 15, 2011, and Stanton failed to appear.
The paper reported that Stanton recently filed for bankruptcy protection, listing $10-50 million in liabilities and $100-500 million in assets.  His attorney argued that he is unable to pay alimony and child support because his assets are not liquid and cannot be converted to cash quickly.
Finding that Stanton has the ability to pay, Judge Tesche sentenced him to 5 months and 29 days for contempt of court.
This case is an example of the enforcement powers that courts possess when a party fails to honor their alimony and child support obligations.  The circumstances in this case were extreme resulting in the sentence.  If you have questions regarding alimony or child support, do not hesitate to call at (813) 413-2402.
Advertisements
 
Leave a comment

Posted by on December 16, 2011 in Uncategorized

 

Tags: , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: