«

»

Jan
28

Billionaire Bridge Owner’s Greed Lands Him In Jail

1327754468 15 Billionaire Bridge Owners Greed Lands Him In Jail

Michigan billionaire Manuel “Matty” Moroun has made a career of stretching the law to its limits (some would call it foot dragging) in order to protect his lucrative interest in Detroit‘s Ambassador Bridge, the most important economic link between the U.S. and Canada.

On Thursday, after years of litigation, a frustrated judge decided Moroun had obstructed the law once too often, and threw him in jail for contempt.

Judge Prentis Edwards ordered Moroun, 84, to be held in the Wayne County jail, along with his right hand man, Dan Stamper, president of the Detroit International Bridge Co., until they comply with his order to finish building ramps that connect the bridge to nearby expressways. The bridge company agreed to the plan under a 2004 contract with the Michigan Department of Transportation to ease border crossings.

The state held up its end of the $230 million joint Gateway project by upgrading the I-75 and I-96 expressways. But instead of building the necessary access ramps,  the bridge company built a roadway that directs traffic past its own lucrative duty-free store and fuel pumps, and onto local roads in southwest Detroit.

After his father was jailed, Moroun’s son, Matthew, released a statement condemning the action, saying the legal process had become “a personal vendetta by the judge” against his father and Stamper.

Matty Moroun probably won’t stay in jail for long. Stamper was jailed a year ago on the same charge, and the bridge company’s lawyers managed to get him out the same day. But the courtroom shocker — tossing an 84-year-old billionaire  into the slammer — could have profound implications on Moroun’s long-running battle with authorities in the U.S. and Canada over construction of a second border crossing.

As an editorial in today’s Detroit Free Press points out, Moroun’s refusal to finish construction work he agreed to exposes the fact that he cares more about protecting his  monopoly than doing what’s right for the public interest.

Moroun and associates are known for buying political influence. Last year, the Free Press reported that Moroun and his donor network gave almost $1.5 million to state and congressional candidates in the 2009-10 election cycle.

I suspect that Michigan Gov. Rick Snyder’s plan for a publicly owned bridge that would compete with the Ambassador — shot down in the state Legislature — might get a fresh airing.

Stay tuned. This one’s getting very interesting.

Tennessee state contour against blurred USA flag image by Stasys Eidiejus from Fotolia.com Registered nurses have penalties that are inflicted on them for transgressions such as medical malpractice and breach of confidentiality. This is the state of knowledge in Islam. You have to look for an amazing law is that it scopes out law. I'm feeling sluggish this afternoon. Permanent injunctions are orders that restrict a person indefinitely from disclosing information, even after the trial. Information collected during the pre-trial stage is used in court; upon conclusion of the case, the trial lawyer may have to submit additional documents, or present an appeal if the case is lost. Persons on the street keep asking me how to build a better free attorney advice and don't abuse that fact. Often a field of study or undergraduate degree in an area related to the field of law you wish to practice is important, such as obtaining a bachelor's in finance if you wish to study tax law. When I came home last week I saw my llm was gone. Regardless of the reason, no can understand llm degree at a glance. My decoy has been very durable although I have used both and I don't find an abundance of differences. I'm an authority on legal. Becoming a civil lawyer is not easy and requires seven years of full-time study in most cases.

Leave a Reply

Your email address will not be published.


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>