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http://www.newsmax.com/us/simpson_goldman/2007/10/05/38626.html
O.J.'s Rolex a Fake, Ordered Returned
Friday, October 5, 2007
SANTA MONICA, Calif. -- O.J. Simpson is getting his fake Rolex watch back.
The timepiece, seized earlier this week by attorneys for Fred Goldman, was
ordered returned to the former football star after it was determined to be a
knockoff made in China.
Goldman has won a multimillion-dollar wrongful death judgment against
Simpson, but the watch has so little value it falls under an exemption in
the judgment excluding jewelry worth less than $6,075.
Goldman lawyer David Cook said his client will comply with Friday's order by
Superior Court Judge Gerald Rosenberg.
"While we are clearly disappointed with the outcome, this tells us that
collecting on this judgment, against this guy, is really tough," Cook said.
Cook had hoped the watch might be worth as much as $22,000, but an appraisal
from San Francisco jeweler Shreve & Co. concluded it was worth only about
$100. Simpson had told his lawyer, Ronald Slates, he paid $125 for it.
Cook told Rosenberg he had a buyer willing to pay as much as $10,000 for the
watch because it was Simpson's. But Slates argued that didn't mean Simpson
was obligated to let Cook sell his watch, and the judge agreed.
Had he agreed to let Cook try to sell the watch, Slates said, Cook might
have tried to go after other Simpson possessions of little value, claiming
he could also sell them at a huge markup.
"We don't want to create a precedent where they can do that and we're
forever faced with it," Slates said.
Simpson was acquitted in a criminal trial of the 1994 murders of Goldman's
son, Ron Goldman, and Simpson's ex-wife Nicole Brown Simpson. After their
families sued him for wrongful death, a civil court jury found him liable
for the killings and ordered that he pay $33.5 million.
Most of that judgment remains unpaid, although Fred Goldman recently won the
rights to Simpson's book, "If I Did It." The ghostwritten account of how
Simpson could have committed the murders is a New York Times best-seller.
O.J.'s Rolex a Fake, Ordered Returned
Friday, October 5, 2007
SANTA MONICA, Calif. -- O.J. Simpson is getting his fake Rolex watch back.
The timepiece, seized earlier this week by attorneys for Fred Goldman, was
ordered returned to the former football star after it was determined to be a
knockoff made in China.
Goldman has won a multimillion-dollar wrongful death judgment against
Simpson, but the watch has so little value it falls under an exemption in
the judgment excluding jewelry worth less than $6,075.
Goldman lawyer David Cook said his client will comply with Friday's order by
Superior Court Judge Gerald Rosenberg.
"While we are clearly disappointed with the outcome, this tells us that
collecting on this judgment, against this guy, is really tough," Cook said.
Cook had hoped the watch might be worth as much as $22,000, but an appraisal
from San Francisco jeweler Shreve & Co. concluded it was worth only about
$100. Simpson had told his lawyer, Ronald Slates, he paid $125 for it.
Cook told Rosenberg he had a buyer willing to pay as much as $10,000 for the
watch because it was Simpson's. But Slates argued that didn't mean Simpson
was obligated to let Cook sell his watch, and the judge agreed.
Had he agreed to let Cook try to sell the watch, Slates said, Cook might
have tried to go after other Simpson possessions of little value, claiming
he could also sell them at a huge markup.
"We don't want to create a precedent where they can do that and we're
forever faced with it," Slates said.
Simpson was acquitted in a criminal trial of the 1994 murders of Goldman's
son, Ron Goldman, and Simpson's ex-wife Nicole Brown Simpson. After their
families sued him for wrongful death, a civil court jury found him liable
for the killings and ordered that he pay $33.5 million.
Most of that judgment remains unpaid, although Fred Goldman recently won the
rights to Simpson's book, "If I Did It." The ghostwritten account of how
Simpson could have committed the murders is a New York Times best-seller.