Jacksonville
Jaguars Owner Shahid Khan Is Sued By
Gramercy in SDNY For Tax Avoidance
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
Oct 11 – Jacksonville Jaguars
owner Shahid Khan has been
sued by Gramercy Advisors LLC
"the willful and unjustifiable
breach of his express
contractual agreement to
indemnify and save Gramercy
harmless from and against all
claims arising out of Khan's
pursuit of aggressive tax
shelters strategies in the
early 2000s."
So how is
he allowed to buy and own the
Jaguars, by the NFL which bans
others?
The case is in
the U.S. District Court for
the Southern District of New
York where Inner City Press
which covers the court every
day found it in the docket. It
is assigned to Judge Paul G.
Gardephe. Magistrate Judge
Katharine H. Parker is also
assigned.
Gramercy is represented by
Cadwalader, which seeks a
trial; Khan is is of October
11 unrepresented.
The case is
Gramercy Advisors LLC et al.
v. Khan, 21-cv-8302 (Gardephe)
***
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