Lord Abbet Makes Accusations Of "Givens Cashin In" On Country CrossingsRickey Stokes
Posted by: RStokes
Date: Dec 23 2012 2:46 PM
HOUSTON COUNTY: What started as an "economic engine" for Dothan - Houston County and the State of Alabama has made many turns. Most of the turns has been at the hands and directions of those in government, namely a former Governor, a Retiring Mobile County District Attorney, and now a current Attorney General.
Rather than creating jobs in Alabama, the government officials supported by a couple of Dothan businessman have spear headed financial disasters and person life disasters for all involved.
On December 20, 2012 in the United States Federal Court in Montgomery, Lord Abbett Municipal Income Fund, Maryland Corporation has filed a lawsuit against Southern Farms, Inc., an Alabama Corporation and John Keith Givens, an Individual.
Lord Abbett Municipal Income Fund bought and sold bonds to finance the project Country Crossings now known as Center Stage. Southern Farms, Inc. and John Keith Givens owned the property which was purchased by Developer Ronnie Gilley and some of his corporations to construct Country Crossings.
The suit states "the wheels ran off Country Crossings" and "Given’s cashes in". The suit makes allegations that Southern Farms, Inc., which is owned by Givens, created a situation where he ( Givens ) had more power and control than did the developer Ronnie Gilley. As a result the civil litigation makes allegations that Givens has been paid several million dollars for the property already. Far less than the purchase price which Lord Abbett alleges far exceeded the value of the property.
Under Alabama Governor Bob Riley, he and Mobile County District Attorney conspired to raid Country Crossings and close it down. The duo could not establish probable cause enough to obtain a search warrant, so they apparently conspired in launching some 130 Alabama State Troopers to Country Crossings in a raid attempt. The State Troopers were under the false impression a search warrant existed as was the local Houston County authorities.
The Riley - Tyson plan worked because Country Crossings volunarily closed. Then Riley and Tyson ordered around the clock surveillance of Country Crossings in an intimidation factor that kept them closed. All the while the Indians, who donated to the Riley and Republican campaign, had a monopoly in Alabama.
This is when the "wheels ran off Country Crossings". Then more drama which led to the arrest of several persons in Federal Court. The only convictions were of those who entered guilty pleas which included Developer Ronnie Gilley. All who challenged the Federal Government won after two trials.
Lord Abbett attempted to get issues before the courts but have been unsuccessful. This lawsuit now is against Southern Farms and Givens, who according to the complaint exercised power and control and took most of the money and foreclsoed on the Country Crossings facilities.
After service of the complaint Southern Farms, Inc. and Givens is given so many days to respond.