Judge prevents family from selling shares of Nevada Beverage Co.
Wednesday, Dec. 8, 2004 | 10:42 a.m.
A temporary restraining order will remain in force after a Clark County District Court judge continued the order that bars three sisters of Nevada Beverage Co. President Pat Clark Jr., from selling shares of the company on Tuesday.
Judge Sally Loehrer continued the restraining order which she issued late last month, halting the sale. Each side in the dispute was ordered to submit recommendations for an independent accountant by today.
Joann Clark Callahan, Mary Clark Houston and Barbara Clark Klassen are seeking to sell shares of Nevada Beverage Co. and Alternative Beverage Inc., which serve as collateral for 11 promissory notes worth $39 million, according to court documents.
The sisters allege Pat Clark Jr. has defaulted on payments of interest owed to three family estate trusts and they want to make up for that loss by selling the shares.
archive
- Most Read
- Discussed
- Most E-mailed
- Live Blog: Pacquiao wins by TKO in round twelve
- Police seek man who stole $2,000 worth of clothing
- Clubs want to be ‘good citizen,’ so stripper-mobile ends its run
- Nuclear plant in Ely could complicate radioactive waste, water issues
- Floyd Mayweather Jr. and Manny Pacquiao: The only fight fans want to see
- Now we can all see Islamic extremism for what it truly is
- Small city struggles with shocking allegations
- Ensign Federal Credit Union fails
- Manny Pacquiao says he feels stronger than ever
- Bruised and battered, Cotto says he will fight again
Blogs
Elsewhere
Dana White continues to push for event in Abu Dhabi
Politics: Ralston's Flash
Harry Reid is powerful for Northern Nevada, too!
The Kats Report
New face of Monte Carlo includes all the faces of Caliendo
The Greene Room
Predicting this weekend's Mountain West football slate (2 Comments)
Top Chef: Las Vegas
Top Chef Episode 11: Child's play
Miech Again
UNLV prez Smatresk is ready for some basketball (11 Comments)
Politics: The Early Line
Harry Reid's fourth TV ad begins running today
Calendar »
- 15 Sun
- 16 Mon
- 17 Tue
- 18 Wed
- 19 Thu
-
Actor's Expo at Rave Motion Pictures
Rave Motion Pictures Town Square 18 | 3 p.m. to 5 p.m.
-
Lily Tomlin at the Hollywood Theatre
Hollywood Theatre at MGM Grand
-
Neil Sedaka at the Orleans
Orleans Hotel-Casino
-
Supernatural Santana – A Trip Through the Hits at The Joint
The Joint
The Sun
Locally owned and independent for more than 50 years.
Technorati





