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Minor Loses to Sotheby's

June 3, 2010 by Marion Maneker

The New York Post reports that Halsey Minor had crushing loss in court yesterday:

A judge yesterday told cash-strapped Internet tycoon Halsey Minor to cough up his cars, jewelry, and even the rugs on his floor to pay off a $6.6 million debt to Sotheby’s auction house.

The order by Manhattan Federal Judge Barbara Jones covers a laundry list of luxuries amassed by the CNet.com founder, who blew through $100 million he got for selling his stake in the popular Web site, which reviews computers and electronic gear. Among the items Minor must forfeit are “furniture other than basic household furniture,” “chandeliers and other lamps other than basic household lights” and “collectibles. . .except for basic tableware and basic cooking utensils and crockery.”

Web Guru Must Give Up Goods (NYPost)

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Filed Under: General Tagged With: Halsey Minor

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