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Judge Grants Expanded Power for Radisson Receivership Attorney

A village-appointed attorney overseeing operations at the hotel appointed will now look to market the business and sell it to a new investor.

 

Waukesha County Circuit Court Judge James Kieffer has signed off on expanding the powers of receivership attorney overseeing operations at the Radisson Hotel.

Seth Dizard, the attorney appointed in November 2011 by the village of Menomonee Falls, in November petitioned the court to expand his authority over operations at the hotel. In the petition, Dizard is seeking the power to market and sell the hotel, as well as quell interference from members of the ownership group, which he claims threatens to erode the hotel’s value. The petition would allow the receiver to remove the ownership group's management authority over the hotel.

Kieffer signed the order to authorize those expanded powers Monday after the holidays delayed immediate action regarding the petition.

Dizard previously was authorized to maintain status quo operations at the hotel, but he didn’t have the authority to take actions deemed beneficial to the hotel. However, the village’s attorney in the case, Randall Crocker, said negotiations to settle a pending foreclosure lawsuit have reached an impasse, and simply maintaining the status quo won’t be enough to reach an amicable resolution.

The hopes are that Dizard can market the hotel and sell it to another investor to prevent the village’s pending foreclosure on the hotel from moving forward. If the hotel cannot be sold to investors, the foreclosure suit would proceed and a Sheriff’s auction of the hotel.

Dizard would also remove one of the original owners, Dean Grosskopf, from the payroll. Grosskopf was receiving payments of roughly $10,000 monthly for his work with the hotel. An assistant of his was also receiving $3,500 monthly, according to the petition submitted to the court in November. 

Related Topics: Menomonee Falls Radisson, Radisson Hotel, and Receivership

Craig

1:55 pm on Friday, February 8, 2013

The owner couldn't make any of the scheduled payments, but was still drawing a $10,000 monthly salary?
What a POS.

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Nuitari

4:44 pm on Friday, February 8, 2013

Do you have a pitchfork and/or torch? I do. Load up and move out.

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Fire Fly

12:43 pm on Saturday, February 9, 2013

So the Village paid the Taxes of $123.000 .. -- Taxpayer Money Pit...

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Fire Fly

9:14 pm on Monday, March 18, 2013

Rino's spending taxpayer $$$$$

Fire Fly

7:40 pm on Friday, February 8, 2013

Hope they can sell it !! .. Ha Ha Ha ..Hotels are going down all over Milw Metro area and they think Dizard can market it to who ?? So whats Atty Dizard FEE and how much $$$ has he been paid so far. Village run and owned Hotel ......

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Richard

1:35 pm on Saturday, February 9, 2013

Let's see, $13,500/month for how many months, guess I count 12 being paid to two people for nothing, that adds up to $162,000 for the year, hmmm, could that have paid for the taxes or other expense that the Village paid. Who's going to get the blame for that, the court, the village board members, who. It's getting more ridiculous by the minute. And for now Mr. Dizard I'm sure will collect more going forward. Look for the sheriff's sale to come later than sooner and add more costs for us lowly taxpayers and meanwhile we pay the outrageous salary for Mr. Fitsgerald, second highest in the state for a, oh well, when does the village file for bankruptcy.

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Fire Fly

2:41 pm on Saturday, February 9, 2013

One trustee said Fitz is doing a excellent job... another said Fitz was doing cost saving in his Job and Fitz was " pay for play ..... Thats right .... Pay to play with taxpayer monies on a 18 Million Hotel and free Corp Money to stay ..
Payola !! .......Google the word ... Welcome to RINOville

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