Tuesday, April 12, 2011

Traveler's suit against Fraziers and Copelands settles

The lawsuit filed by Traveler's Insurance against Nan Copeland, Spencer Copeland, and Sherry Frazier settled Friday for a confidential amount of money. Travelers also settled its lawsuit against Claiborne Frazier for $1,500,000. The judgment is non-dischargeable in bankruptcy. Travelers will garnish up to 10% of any wages earned by Mr. Frazier. Mr. Frazier must notify the insurance company of any change in employment within five days of accepting new employment. Traveler's claimed losses of over $5,000,000. Mr. Frazier's brother Austin settled with Travelers for $5,000,000 last August in his chapter 7 bankruptcy. The question remains whether federal authorities will investigate and prosecute the Frazier brothers. Earlier post

Frazier related posts:
Traveler's seeks $6.4 million from Claiborne Frazier. Bancorp South accuses Frazier of fraud.
More on Frazier collapse. Frazier's 341 exam.
Frazier does not show up for bankruptcy hearing
The Frazier Bankruptcy
Judge has a few things to say about Claiborne Frazier


Anonymous said...

Too bad skinning is not legal. Both of the "boys" deserve that for the hell they put everyone they dealt with through...

Anonymous said...

I do not know any details about what "these boys" did but I assume it had to do with screwing some folks out out their money. Why did anyone let "these boys" near their money in the first place? They both have I am going to cheat you written across their face.

Anonymous said...

@ 7:53, Their Dad and their Granddad were honest business men, and many people did business with them through the years. When the company transitioned to "the boys" honesty and truth went out the window. Greed, drugs, and sex took over and ruined a once great company and hurt many people along the way.

Anonymous said...

i told you guys there would be no jail time. anyone want to argue differently??

Anonymous said...

Wonder how smart Nan feels??

Anonymous said...

What is the point of garnishing 10% of zero? Everyone knows that Claiborne gets everyone else to pay for things for him so that he shows zero earnings!

Anonymous said...

Claiborne 1.5k that's all? Bet Austin is pissed

Anonymous said...

Sherry will be working a long time trying pay off that debt for Claiborne, I'm sure she feels as smart as Nan does.

Anonymous said...

have any of you guys ever heard of a trust... safe from creditors.

Anonymous said...

Is the lawsuit still pending against C.E and Phyllis?

Anonymous said...


Yes, I also once heard that distributions from a trust are *not* "safe from creditors."

Anonymous said...

there are certain trust that define these options and it would be dumb to have a trust and define these options. this is case and point

Anonymous said...

11:19- would that be dumber than trying to hide the heavy equipment assets of a business organization at a deer camp? Dumber than creating a fake corporation and trying to shift assets into it several thousand at a time? Dumber than depositing laundered funds into your mother's bank account?

Anonymous said...

Get a grip folks...these guys are NOT going to prison! Civil judgments only...let it go! Dumb, dumber, or dumbest...doesn't matter...love 'em or hate 'em, they are still living large and sporting the lifestyles. I don't like it either, but it tis what is tis! Move on...

Anonymous said...

They both deserve, at the least, SOME jail time. Where are the criminal prosecutions?

Kingfish said...

Within two years, either one or both of them will be in jail.

Anonymous said...

KF - i beleive you are right about them going to jail but it wont have anything to do with these judgements or any business deals that went south in mississippi...

Anonymous said...

Right about now, I wish I knew who the posters at 8:42, 11:19 and 1:11 are.

Speak up, boys/girls!

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Trollfest '09

Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.

Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).

Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.

Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".

In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.

In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.

Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.

Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS.

Trollfest '07

Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.

There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.

If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS