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View Diary: CEO Threatens A Lawsuit Against Progressive Blogger (176 comments)

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  •  Morgan: (25+ / 0-)

    One of the most interesting parts of the divorce file is a CS-41 form, upon which child support is based in Alabama.

    Mr. Rollins stated, under oath, that he made roughly $50,000 a year. This is a guy who uses multiple personal aircraft--the court in South Carolina made this an official finding.

    You can check out the document here. He mentions funds that he earned from a mortgage business in Tennessee, but no mention of any other source of income, such as propriertorships, closely held companies, etc. That income is required on a CS-41, and he made no mention of it.

    Ted Rollins CS-41

    More info is available about the CS-41 is available at the link below. His two daughters, now teens, have been supported for years based on his declarations on this document:

    The "Family Values" of a Rich Republican

    • that the only testimony available (4+ / 0-)
      Recommended by:
      Preston S, SadieSue, semiot, boadicea

      in public records regarding income??

      I don't know what the rules are in Alabama where I believe you stated this dissolution was finalized but this looks pretty darn empty.

      I'm not sure that "blatantly unlawful" appropriately describes a move to another jurisdiction (I've fought those battles before) but it would be intruiging to know what assets the family held, lifestyle, etc..

      Was there a lump sum his spouse happy with what was received and therefore that is reflected in the relatively low child support and maintenance payments?

      As I stated earlier, I love a mystery. Would be nice to see his full financial disclosure statement which is what I'm used to in dissolutions.

      Given his present circumstances that child support figure looks woefully inadequate.

      Wonders are many, but none so wonderful as man.

      by Morgan Sandlin on Thu Sep 29, 2011 at 03:28:33 PM PDT

      [ Parent ]

      •  I've read the "Motion to Dismiss"... (1+ / 0-)
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        Is there a "Memorandum of Points and Authorities in Support of Motion to Dismiss" or a similar document filed?

        A motion citing just one case of black letter law doesn't provide much...though heaven knows I've watched people hindered in gaining justice through lack of agressive counsel.

        Wonders are many, but none so wonderful as man.

        by Morgan Sandlin on Thu Sep 29, 2011 at 03:37:59 PM PDT

        [ Parent ]

      •  Morgan: (7+ / 0-)

        I have the appellate file from Alabama, but have not yet seen the full file--with depositions, etc. I believe the CS-41 is the only record in Alabama about his income. The South Carolina court made more complete findings about Mr. Rollins' assets, and I will be reporting on those. Mr. Rollins claimed roughly $50,000 a year in income there, also, stating that his employer was St. James Capital. The SC court, in essence, said, "That income figure does not at all square with his lifestyle and background."

        Records I've seen so far indicate that Mr. Rollins had an ownership role in at least two companies--Campus Crest Communities and St. James Capital--at the time of divorce, but he stated under oath that his only income was from a mortgage company in TN.

        I don't believe the AL court ever required him to make a full financial disclosure, which might be a major reason the case was transferred here.

        A pendente lite finding in SC indicated the judge there was set to hit Mr. Rollins with substantial support, pending full discovery. Next thing you know, the case is moved to Alabama.

        There was no lump sum settlement, zero, and the spouse definitely is not happy with the outcome. In fact, there was no settlement component at all--just a ruling from an Alabama judge, based on very limited discovery.

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