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Wednesday, July 22, 2009

LAWYER JAILED FOR 14 YEARS OVER $2.5M HIDDEN FROM EX RELEASED

Is that a knowing twinkle in the Chadster’s eye, or our imagination?

In late 2007 we told you about the unusually stubborn Pennsylvania attorney H. Beatty Chadwick—who refused to reveal to his ex-wife in divorce proceedings where $2.5 million in hidden assets was located—even though he had been jailed until he coughed up the offshore accounts. As of our 2007 post, Chadwick had been in jail for 13 years!

We are please to report that attorney Chadwick has been released! Without coughing up a dime in hidden assets!

Legal humor blog Lowering the Bar reports that Judge Joseph Cronin said he agreed with previous rulings that Chadwick had the ability to comply with the order to pay but had "willfully refused to do so."

Explains Lowering the Bar:

“He released Chadwick, though, because he found that continued imprisonment would be legal only if there was some likelihood that ultimately he would comply with the order; otherwise, the confinement would be merely punitive instead of coercive. Apparently 14 years of incarcerated non-compliance - believed to be the longest sentence served for contempt of court in U.S. history - is enough to support a finding that future compliance is unlikely.”

One wonders, though, if it was not equally obvious that the Chadster would never tell after the first two, three or four years in the slammer.

The Chadster, who is now 73 years old, is not quite sure what to do with the rest of his life—now that his freedom has been restored.

May we respectfully suggest spending some of that $2.5 million + accumulated interest on suitable accommodations on some Caribbean island accompanied by a much younger and insanely beautiful woman?

We could make that suggestion, but it would be wrong.

Vaya con Dios Chadster.

Lawyer Jailed 13 Years Still Refuses to Tell Ex-Wife Where Assets Are

Lawyer Jailed for Contempt Is Freed After 14 Years

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