by John Hoff
Click here to view the recent court ruling.
Today JNS blog has learned of a disheartening development in the civil lawsuit spinning out of the mortgage fraud which happened at 1564 Hillside Ave. N., a case readers of JNS blog know well and which involves a cast of characters like Larry "Maximum" Maxwell, who went to prison over the identity theft at the heart of the mortgage fraud.
Pictured above is Jerome KingRussell, a petty criminal with a drug history who impersonated John Foster (a mild-mannered suburbanite, a productive and moral person all his life with sterling credit history) to accomplish the infamous mortgage fraud in the heart of North Minneapolis.
BUT ENOUGH BACKGROUND. Regular readers know all about this case and JNS bog has reported on every development for years, sometimes seemingly the ONLY media that cared.
So here is the latest shocking twist...
A new ruling by the lower court appears to let the insurance company off the hook. This might effectively render the monetary judgment of more than $800,000 MEANINGLESS and UNCOLLECTIBLE.
What is the defense of the insurance company? According to plaintiff Melony Michaels, wife of John Foster, the underlying basis of the insurance company's defense is whatever happened in the case (be it error, omission, and/or deliberate wrongdoing) wasn't reported to the insurance company in a timely way.
The argument against this, as forwarded by Michaels, is apparently as follows:
Johnny Northside says: Here's my dollar. I will buy into that.
Oh, speaking of dollars!
Michaels also reports she recently received what is only the SECOND restitution check from Larry Maxwell, and she provided the following image:
Apparently, these little checks produce a flurry of manic excitement for this family with 24 carat gold credit which has been reduced to a credit rating approximately equivalent to the salvage value of aluminum tinfoil. There is always the question of WHAT WILL WE DO WITH THIS WINDFALL OF WEALTH? And by windfall I mean, well, if you found that much money laying on the street you'd get moderately excited, wouldn't you? So what to do with this WINDFALL?
If I have a vote, well, you know it's going to be the bottomless bowl of soup at Eddington's restaurant in the Minneapolis skyway. OH YES. Quite near the hallowed halls of power and the busy courts there is a moment to relax and (on a budget) fortify oneself with such soups as chicken tortilla, Wisconsin cheddar, some kind of really good soup with a touch of curry but I forget what it's called...
There have been so many times when this case took maddening twists and turns and the moment came to sit down at Eddington's, to talk about what's happening, to exchange thoughts and views and take a deep breath and then dive back in. There has been soup at Eddington's in the past and there will be soup in the future. It may seem this case never ends and so much is in vain. But JNS blog is oddly excited about the fact an appeal looks necessary in this dark and depressing moment and has been promised by the tenacious never-say-die plaintiff.
Consider those words again:
I don't think wrongdoing should be covered up, and then an insurance company can say, in effect, "We don't have to pay a covered event, simply because a coverup occurred of the wrongdoing."
And so it sounds like an appeal will be filed. In a fight of good versus evil, when a fighter for good gets drafted by destiny sometimes the enlistment gets extended and extended. Seemingly the battles are endless.
That is what I told Michaels some moments ago when I spoke to her on the phone. What I see here is just another appeal, another court battle, and Michaels has been here before like she has been at the soup bar at Eddington's before. This is simply as case of "here we go again" and so...
Here we go again. Dish up a bowl of destiny. This is going to be good.