Tag: Galt House

Schneider feud erupts again: heiresses attack heiresses over ‘desperate grab at power’

Galt House
The Galt House is the jewel in the Schneider real estate crown.

Well, that ceasefire didn’t last long.

Reigniting a family fight, Schneider Co. CEO Mary Moseley and her sister Dawn Hitron have accused their other two sisters of a “desperate grab at power and control power play” to prevent the sale of their late father’s $280 million real estate empire, The Courier-Journal is now reporting. In a blistering claim filed in a long-running lawsuit, they’re demanding their siblings pay them damages for “derailing” the sale of the Galt House hotel downtown and other properties.

The battle had appeared over just two weeks ago, when Moseley, 66, and Hitron, 62, a homemaker, agreed in Jefferson Circuit Court to drop a plan to sell the real estate before the end of May, when a trust expired and control flowed to all 24 of Schneider’s beneficiaries, according to the newspaper.

Al Schneider
Schneider

But in the new 49-page claim filed Tuesday, the two sisters want to recover damages for the thwarted sale of the assets to Columbia Sussex for $135 million, which they said was far in excess of appraised value, the CJ says. The hotel is the marquee property their father, Al Schneider, bequeathed to his children when he died in 2001 at 86.

The fight has already dragged on through four courts and required 10 lawyers. It’s divided the four sisters — three of whom live in adjacent houses on the same block off Newburg Road; a fourth is just a mile away — in a business drama rivaling the 1980s Bingham family meltdown over their media business. The two sisters on the other side of Moseley and Hitron are Christy Coe, 64, a nurse practitioner, and Nancy O’Hearn, 70, who owns an event planning company.

Sisters are neighbors — and sworn enemies, too — in $280M Schneider family fight

Galt House
The Galt House hotel is the jewel in the Schneider real estate crown.

The just-resolved legal battle over the late Al Schneider‘s real estate empire “prompted a war of words” between four sisters — three of whom live in adjacent houses on the same block off Newburg Road; the fourth lives less than a mile away, The Courier-Journal reports today.

Al Schneider
Schneider

It dragged on through four courts and required 10 lawyers, “one of those unfortunate family disputes that you hate to see,” said Rebecca Jennings, an attorney for sisters Mary Moseley and Dawn Hitron.

Moseley, 66, CEO of the Al J. Schneider Co., and Hitron, 62, a homemaker, agreed in court yesterday to drop a plan to sell the Galt House hotel and other high-profile assets worth more than $280 million before a May 31 deadline. Now, all 24 of Schneider’s heirs will decide what’s next, the newspaper says.

The other two opposing sisters were Christy Coe, 64, a nurse practitioner, and Nancy O’Hearn, 70, who owns an event planning company. Ironically, the CJ says, Coe’s husband Randy for many years tried to keep other family-owned businesses out of trouble as director of University of Louisville’s Family Business Center.

Schneider, the patriarch, died in 2001 at 86.

This is whatever happened to Tinsley Mortimer

Tinsley Mortimer
Mortimer

On Derby Eve in 2012, headline-grabbing New York socialite Tinsley Mortimer promoted her debut novel, Southern Charm, during a book tour at the Galt House’s Xhale Salon-Spa. Once the most-photographed young woman in one of the world’s most status-conscious cities, she was by then 36 years old, and starting something of a second act as a writer, after her first one — celebutante, fashion designer, reality TV star — had crashed and burned.

Now, four years later, we’re learning her second act didn’t end very well, either. Read Town & Country‘s new “Inside the Downfall of Tinsley Mortimer.”