Tuesday, March 20, 2012

Special Master casts blame on Brown, Shackelford and...Thomas McClinton.

Hinds County Chancery Judge Dewayne Thomas will ask suspended attorney Michael J. Brown and funeral home owner Linus Schakelford why he should not imprison them when over $1 million disappeared from the guardianship of De Mon McClinton. Judge Thomas also appointed attorney Paul Rogers as Special Master to investigate the case.

Damon McClinton inherited $3 million when his mother, Rebecca Henry, died in 2000. Ms. Henry was the daughter of Mississippi civil rights legend Aaron Henry. Damon McClinton's father, Thomas, hired attorney Mike Brown to establish a guardianship for young McClinton. Then-Chancellor Stuart Robinson established a guardianship and ordered Mr. Brown to deposit the money in a bank account and decreed the money could not be withdrawn without court approval.

Judge Thomas ruled at a February hearing Mr. Brown never deposited the money in an account nor was one ever established. Judge Thomas threw Mr. Brown in jail after he could not account for the money. The attorney also claimed the file (he checked it out in 2006) and bank statements were destroyed when a water pipe burst in his office. Judge Thomas set bond at $100,000 at a later hearing. Mr. Brown made bail and is free.

Judge Thomas said in his findings Mike Brown "loaned" over $500,000 to Linus Shackelford out of Damon McClinton's estate. Mr. Shackelford owns Lakeland Garden Place cemetery on Lakeland Drive. Judge Thomas gave Mr. Shackelford 40 days to return the money to the estate or face jail at a hearing scheduled on March 20. The March 2 order states if the monies and interest are not returned, Mr. Shackelford "will have to show cause" why the Chancellor should not order his incarceration.

Mr. Rogers's report (posted below) states Mike Brown, Linus Shackelford, and Thomas McClinton spent young McClinton's money without the court's approval. Apparently the father didn't mind spending some of his son's money. He bought rental houses that were not exactly in the best parts of town on streets such as Waycaster and Carnation. The report says $1.2 million was placed into an account held by Thomas McClinton at Regions bank in 2002 and another $750,000 to an Amsouth/Regions investment account in 2003 held by Thomas as well. The report says Thomas "failed to account for any of the funds disbursed to him as Guardian" and was "never relieved of the obligation to do so".

The report states Michael J. Brown "breached" all duties by not making sure all funds were placed into restricted accounts for De Mon McClinton. Mr. Rogers states there was no way the attorney could justify his 2001 fee of $398,000. He states that at $150 per hour, it would take 1,920 hours and a fee of $110,000 for an "opinion letter" to reach that amount. The Special Master said the opinion letter was "unnecessary." It should also be pointed out the report states Trustmark was given proof of the guardianship but no copy of the order. Thus the question is whether Trustmark ever had notice this was an account with court-imposed restrictions.

Judge Thomas will accept the report today. Judge Thomas said last month Linus Shackelford and Michael J. Brown could either produce the money today or "explain" they he should not hold them in contempt of court.


Anonymous said...

I expect the judge to go easy on them.

Anonymous said...

1:24 - I don't know about that. The last time he threw his sorry butt in jail. I guess we'll just have to wait and see. The one thing that's pretty much certain is that none of these guys are going to be able to come up with the money, and De Mon's going to get the shaft.

Anonymous said...

WOW, They F$#cd this guy, WOW!

Anonymous said...

Typical of Shackelford to take money and NEVER pay it back.

Anonymous said...

Give Shackelford 3 weeks in jail and his family will come up with the money guaranteed.

Anonymous said...

Do these thieves not have assets that can be confiscated?

Anonymous said...

2:22 YES THEY DO. But the Judge froze them and ruined their ability to liquidate. Now they will bankrupt the debt and be scott free of all debt.

Anonymous said...

If they declare bankruptcy, De Mon will file a claim against the bankruptcy estate. The estate should include all of their assets, frozen or not, and it would be liquidated to pay claims. Brown and Shackelford would lose everything in the process, unless their estates have more assets than claims.

Anonymous said...

These are 3 evil men!

Anonymous said...

I saw the tail end of a piece on WLBT news about this tonight, and Brown was being led away in handcuffs. Does anybody know what happened? Was the footage from today or the last time he got thrown in jail?

Anonymous said...

It was today he hac to post 150,000 bond before he gets out. He lied thur all of this today

Anonymous said...

Paul Rogers did a swell job!

Anonymous said...

I hate to say it but Brown is nothing but a "shade tree" attorney and does not appear to have any "assets" to speak of....his poor wife's parents had to come up with the money for bond (because of their love for their granddaughters)....unless you call that cat infested house/office of his and asset LOL

Anonymous said...

Mike Brown's wife's parents did not make bail for Mike. I don't know where you got your information but it is so not true.

Anonymous said...

I hope browns wife and children can live in the house but who will pay bills she does not work I pray for them

Anonymous said...

Oh please, the poor poor Browns, that is enough!!! What is in the drive way and how many iPhones do they have and how much do they cost and what about the monthly plan? The house is nasty that is true but think about it, just to keep everyone out so they would not look around and see something they shouldn't! What about all the vacations? Sometimes three sometimes four? How many do you take a year? Condos in Destin do not come cheap and cruises for all five please! No I do not feel sorry for Mr or Mrs Brown.

Anonymous said...

I agree poor,poor browns, PLEASE. He didn't think he would. Mike brown said its just a misunderstanding, and everything will work out He thinks he is so smart he can talk his way out of this

Kingfish said...

To the guy that just commented on this thread. Please send me an email so I can look it up. Thanks.

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