Ivan Erceg's conduct raised 'genuine concern' in Supreme Court's trust disclosure ruling

Tue, 07 Mar 2017

By Paul McBeth March 8 (BusinessDesk) - Former superyacht builder Ivan Erceg's bid to find out how the fortune of his older brother, the late Independent Liquor baron Michael Erceg, was divvied up has been rejected by the Supreme Court, which had "genuine concerns" about what he'd do if he received it. Ivan Erceg received a $95 million payment from his brother's will, but didn't receive any payments from two trusts - The Acorn Foundation Trust and the Independent Group Trust - which sold shares in Independent Liquor in 2006 and wound up...

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