Newspaper article St Louis Post-Dispatch (MO)

Feinberg Family Feud Finally Goes to Court

Newspaper article St Louis Post-Dispatch (MO)

Feinberg Family Feud Finally Goes to Court

Article excerpt

ON THE DOCKET: Virginia B. Feinberg's case against her sons, Daniel B. and John J. Feinberg, went to trial this week in St. Louis County Circuit Court before Judge Robert Campbell.

In her petition filed last December, Virginia alleged that her sons breached their fiduciary duty to her in a trust established by their late father, realtor Adolph K. Feinberg. She claimed that her sons had, without her knowledge, "misused" more than $600,000 since 1989. The suit, filed by attorney Howard A. Wittner, seeks both actual and punitive damages.

Reached for comment, Jerry Klein, attorney for both Daniel and John Feinberg, said, "The Feinberg sons refute her (their mother's) claim. Adolph contributed nothing to the trust." The trust was established, Klein said, after the elder Feinberg was given a 10 percent interest as limited partner in the Queensway-Hilton Hotel in Long Beach, Calif." (Jack Nicholson and Cheech & Chong were among the investors.) "Adolph put up a letter of credit for construction of the hotel," Klein said. "It was sold in 1986. After the sale, $650,000 was put in his trust. Out of that, $173,000 was paid in income taxes and the balance was invested in other real estate investments for the Feinberg family. There has been no misappropriation of money."

ON THE GAMING BEAT: President Casino on The Admiral was where our town's Runyonesque types were ogled during a 1 a.m. weekday, stroll. Restaurateur Rich Ronzio was shooting craps; Mike Faile of Talayna's fame was playing a mean black jack and author Eddie Krell was strategizing behind a hand of poker cards.

FOODY: Jean-Pierre Auget has parted company with Mark Twain Bancshares - a fact we missed a few months ago. He had been exec chef in the dining room of the fat cats for more than 15 years. Scott Payne, his sous chef, succeeds him.

WORKING THE ROOMS: The African-American-owned Sentinel newspaper honored a bevy of youngsters over the weekend at its Minority Academics and Athletic Student Banquet at the Adam's Mark Hotel. …

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