Thursday, July 8, 2010

Madison County shenanigans spill over into Desoto County

Apparently our old friend Rudy Warnock and local real estate mogul Richard Partridge got involved in a land deal gone bad up in Desoto County in 2008. The two Madison County players formed a company in 2006, Greater Desoto County Development, LLC. The company then purchased 36 acres in Desoto County from Saturn Investment. Saturn is owned by another local tycoon, Joseph Brata, according to the Mississippi Secretary of State's website. Copy of deed The land was sold as a project ironically called "Reunion".

Greater Desoto County Development then issued a deed of trust to Saturn for $720,600 on September 20, 2006. The deed of trust was signed by Mr. Partridge. Copy of Deed of Trust Greater Desoto did not make any payments because Saturn foreclosed on the land two years later, and stated in the Trustee's Deed the money owed by Greater Desoto was $720,600, the same amount stated in the Deed of Trust. Copy of Trustee's Deed. Saturn took possession of the land at the foreclosure sale on November 14, 2008.

There are some very curious details in these transactions. The Secretary of State's website states August 13, 2007 is the creation date for Greater Desoto, nearly one year after it obtained the land and issued a Deed of Trust to Saturn. No members of the LLC are listed, just Derek Hall as registered agent and "other" on Lelia Drive. However, JJ has obtained concrete evidence Mr. Warnock and Mr. Partridge are the members of the LLC. This correspondent asked Dorsey Carson the extent of his client's (Rudy Warnock) involvement with Greater Desoto, but Mr. Carson only stated he would check with his client. No other answer was ever provided by Mr. Carson. It seems this case is a poster child for Secretary Hosemann in his crusade for LLC reform.

One interesting question involves a lien filed with the Desoto County Chancery Clerk by Mr. Warnock. Warnock and Associates filed a "Notice of a Construction Lien" on October 29, 2008 but never took any further action. The notices states the lien is for $61,236 and is for materials and services provided. Mr. Warnock was thus claiming his own company owed him money. Copy of Notice of Lien. Another Notice of Lien was filed by Utility Constructors for $434,086 on October 23, 2008. Terry Lovelace is the President of Utility Constructors. However, no further action was taken against Greater Desoto as well. Copy of Notice of Lien The Circuit and Chancery Clerk's offices told this correspondent there were no lawsuits filed against Greater Desoto. Saturn still owns the land.

30 comments:

Anonymous said...

Warnock and Lovelace are tight, real tight. Trips to Costa Rico together to partake of the "ladies of the night" should tell you something.

Also, the county pushed hard for a roadway from Highway 463 to Highland Colony Parkway which was built in the last few years (goes near Madison Central football field). I believe Brata may have owned some property fronting this road. Rudy was helping him out.

Partridge is tight with Pete Alman. If you see those two coming, you better watch out.

Anonymous said...

yeah Lovelace is also tight with Partridge and Mayor Rhodes, (cruises ect.). I second the Partridge/Alman connection, if you see then coming run and run fast, ie Pinelands development. Look into the Katrina clean-up in Rankin County, (UCI).

Anonymous said...

There is a tight circle in Flowood. You also have Garry Miller, the Public Works Director, who "encourages" developers to use a company owned by his son to do their erosion control, silt fence, etc.

Anonymous said...

Does that mean Saturn got utilities installed free?

Anonymous said...

Brata does own property on 463 and paid plenty to get the road through that property.

Anonymous said...

If Rudy did own/does own an interest in a project called Reunion in Desoto county....and it was foreclosed upon...what is the big deal? Starting to sound like Glenn Beck dude.

Anonymous said...

well let's see, he filed a lien right before the foreclosure, wouldn't that queer the foreclosure?

Anonymous said...

Well it does not surprise me one bit seeing that these guys are in connection with Elvis Johnson and Bingo-Gate which just happens to exist in Olive Branch MS... what's going to surface next Madison County Mafia...

Anonymous said...

If you really want to connect the dots here is one for you, Mary refers Mr. X to use Lee Hawkins for real estate agent in Madison, who then helps rezone said property..... I.E. Brata property..... Its an evil web that they are ALL part of..... All roads lead back to Mother Mary....

Anonymous said...

2:40 - You hit the nail on the head. A very large and complex web within the city limits of Madison the City.

Anonymous said...

2:05

hi rudy.

Anonymous said...

I thought a few years ago we cleaned house in Madison County. I was one of the out of staters that along with the locals saw the problem. I guess we did not drain the swamp quite enough?

If that is the case where do we go from here? Just keep electing newer thugs at every election cycle?

Anonymous said...

there is no way to "drain the swamp". the people you want to clear out own lots of land in the county, are very wealthy, and aren't going anywhere. they aren't simply politicians.

if the politicians they are supporting are run off, they install new ones.

nothing more, nothing less.

Anonymous said...

Mary has gotten rich off 3rd party deals.... How do you think she affords to have 4 homes.... While the country may be in a recession she is doing WELL......

Anonymous said...

I heard Mary was even a partner in Greater Desoto Development.... She as in many other cases was supposably a silent partner. I hear it was Brata's way of paying her back........ Look into that.....

Anonymous said...

I don't think she would be stupid enough to get in bed with Rudy the playboy man_hore..

Anonymous said...

Ruuuuttt Roooowwww...someone has some splain'ing to do. Rudy, I am still waiting on those documents you promised me at the Board of Supervisor meeting! You know you are our County Engineer...my number is 601-201-3050 if you would like to call me and set up a time for me to pick them up.

Anonymous said...

Lord, I love truth. It is especially enjoyable when those who seek to hide suddenly find themselves wanting to find a dark corner of the world to hide in.

Anonymous said...

4:59pm Why don't you read the article Kingfish wrote instead of just making stupid statements. Great DeSoto is Rudy, Partridge and Lovelace. ''

So you think Mary is a partner with them?

Kingfish said...

I found it funny. The Queen may be a lot of things but part of Greater Desoto isn't one of them. I'm not naive about developers either. You own a bunch of land, engage in projects on a regular basis, you're going to get to know the politicians. Half the time they are going to be seeking you out anyway. I'm not against that per se. I just think this is a land deal that went bad. Did some more research and this poor Brata guy is getting really screwed in the Evans case. Ouch.

Anonymous said...

Richard, keep away from rudy, the Feds will get him.

Anonymous said...

0953...yeah in doing so they will more than likely learn lots about all the associates in Madison and Rankin counties. The plot thickens.

Anonymous said...

What a deal! Let's see, buy a piece of land and promise to pay the land owner for this land (of course, they have no intention of doing this.) Then hire yourself and your buds, through one of your other companies and theirs, to pretend to do a bunch of nothing! Then file a contruction lien against yourself on the property that you haven't even paid for, after it goes into foreclose, attempt to get some money out of deal that you never put anything into!

Anonymous said...

Kingfish, please post the photo Rudy at the Playboy mansion again so we can see where all of the taxpayer's money was spent.

Anonymous said...

2:43 what a scam, I wonder what they, (Partridge Warnock and Lovelace) had against Brata. Gotta be some kinda fraud here. Even Ray Charles can see that. It's not like these guys need the money, (maybe they need to finance a trip to Costa Rica). I wonder if there is any proof of any work being done, (any dirt work, utilities installed anything at all). The fed arm has a long reach.

Anonymous said...

I wonder what Ron Henderson thinks about all this, surely he is appalled and shocked.

Anonymous said...

Poor Brata? Not quite by A long shot! Poor UCI for doing all of the work on the property and never getting paid 1 dime for any of it. That's who is left holding the bag and that's why a lien was placed. You should take the time to go see for yourself all of the work that has taken place. Please tell me where a trip falls into this. Sounds like jealousy to me.

Kingfish said...

Work was done up there although I find it very curious Warnock is filing liens against his own company and when he and Partridge are partners in another company as well. Last time I checked, which was last week, UCI had not sued GDCD, Warnock, or Partridge for money lost on the project. A deed of trust was issued to Brata. Since they never made a payment, there was simply no equity for anyone else as I'm sure he was in first lien position, which makes UCI's decision not to sue very interesting.

Anonymous said...

If someone owed me over $400k, you can believe I would file suit to recover damages...interesting.

Anonymous said...

2:05 hey Rudy

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