Friday, July 27, 2012

Pontiac awarded $25,000 judgment after Silverdome lawsuit -

Wallace Parker painted himself as Pontiac's hero saying he would buy the Silverdome for close to $20 million. The truth has now come out. It is a sad story.


Pontiac awarded $25,000 judgment after Silverdome lawsuit

By DUSTIN BLITCHOK; Twitter:”>@SincerelyDustin

PONTIAC — A $25,000 judgment owed to the city of Pontiac has been entered by Oakland County Circuit Judge James Alexander against attorney H. Wallace Parker’s company, Silver Stallion Development Corp.

Parker sought to buy the Pontiac Silverdome from the city in 2008, but the deal was never closed. Then-Emergency Manager Fred Leeb auctioned the stadium in 2009 for $583,000 to Canadian developer Andreas Apostolopoulos.

The day the stadium went to auction, Nov. 19, 2009, Silver Stallion filed suit against Leeb, the city of Pontiac, then-Mayor Clarence Phillips and auction firm Williams & Williams Marketing, Inc. Parker wanted an injunction halting the sale of the Silverdome and claimed racial discrimination as a factor in why the stadium was not sold to his company. He said the auctioning of the stadium amounted to a breach of contract relating to Silver Stallion’s purchase agreement signed with the city.

Pontiac awarded $25,000 judgment after Silverdome lawsuit -

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