Hope for the Sinclair Building

[DowntownDan]

Damn that's annoying. Actually, it is criminal. He doesn't live there and this is a fraudulent filing.

People whine and complain about frivolous use of the Courts, then do nothing even as they deal with it. SANCTION HIM, tack it on to the Judgment, foreclose on the property, sell it, keep as much of the money as possible. Hell, at this point one would expect the Court to act sua sponte.

At this point its up to the bankruptcy judge to show some balls and for the city attorneys to get aggressive.  If he does it again and especially if he signs off on lies under oath, sanction him and bar him and any of his companies from bankruptcy for several years.  It's one of the remedies for people who abuse the bankruptcy system with a series of frivolous filings.  The state courts cannot legally proceed on a sale unless and until the bankruptcy court acts first to dissolve the automatic stay.

[PonderInc]

Years ago, when nobody could track him down related to the Tulsa Club building, a neighboring business owner said that when Moroney was in town, he would sleep in the Sinclair building at night.  He'd park in the alley at night, and leave by 6:00 AM.

Pretty sure that doesn't qualify as a homestead exemption.

[Townsend]

Are we saying that this will stop the December 22nd auction or are we just expecting another BK filing?

[cannon_fodder]

For a homestead exemption to apply I think you have to occupy 75% of the building.

But as the poster above said, if a BK is filed - State judges are powerless to do anything until the automatic stay is lifted. Which is why someone should sanction his butt in the Federal Bankruptcy Court.

[CoffeeBean]

Even if he files, there's an order exempting this property from the stay. The auction will go through unless he files an action in state court, and the district judge gets cold feet about the exemption.

All the City would need to do at that point is present the judge with a readily obtainable comfort order from the bankruptcy court.

No reason why the sale won't happen.

[Gold]

I'd like to agree with you, but he's pulled this several times.  I'm afraid he will dig up another $5k retainer and hire someone to try another bankruptcy and automatic stay.  It's a joke.  Bar complaint?  Prosecute for sham process?

[Gold]

Auction didn't happen because Morony paid the tax debt.  Good for the city, but bad for downtown.  I think this guy actually likes trying to hold part of downtown hostage.  http://www.tulsaworld.com/business/realestate/sinclair-building-escapes-the-auction-block-for-the-fourth-time/article_3b3d72a2-2f20-5450-80e5-3d8821fbb4e2.html

[PonderInc]

For a bankrupt guy, that dude sure has a lot of cash on hand...

[Townsend]

Auction didn't happen because Morony paid the tax debt.  Good for the city, but bad for downtown.  I think this guy actually likes trying to hold part of downtown hostage.  http://www.tulsaworld.com/business/realestate/sinclair-building-escapes-the-auction-block-for-the-fourth-time/article_3b3d72a2-2f20-5450-80e5-3d8821fbb4e2.html

Damn

[Gold]

For a bankrupt guy, that dude sure has a lot of cash on hand...

My thought exactly.  There should be repercussions with the bankruptcy courts.

[Conan71]

Auction didn't happen because Morony paid the tax debt.  Good for the city, but bad for downtown.  I think this guy actually likes trying to hold part of downtown hostage.  http://www.tulsaworld.com/business/realestate/sinclair-building-escapes-the-auction-block-for-the-fourth-time/article_3b3d72a2-2f20-5450-80e5-3d8821fbb4e2.html

What a complete dick.

[cannon_fodder]

Now sue him for attorney fees.  I'm sure the City can muster a bill for $10k plus for attorney fees for this crap, generally awarded for suits on debt owed. Then move for sanctions in the bankruptcy court on the other issues.  Take this guy down.

Nothing but a deadbeat and a con-artist. 

[Vision 2025]

I'm thinking there is a side deal out there...

[PonderInc]

Fingers crossed that he paid the $274k in assessments so he can sell it for a lot more to someone who's not a slum lord.

[sgrizzle]

Years ago, when nobody could track him down related to the Tulsa Club building, a neighboring business owner said that when Moroney was in town, he would sleep in the Sinclair building at night.  He'd park in the alley at night, and leave by 6:00 AM.

Pretty sure that doesn't qualify as a homestead exemption.

I sorta met him briefly this year when he came to see how all of the Mayfest activity was messing up his vacant building.