The already complex relationship between Alabama One andDanny Ray Butler grew more complicated yesterday after Butlercharged the cooperative lacks valid claims to some of his propertyit is trying to sell.
Property backing a $13.08 million cross-collateralized mortgageloan was at stake when U.S. bankruptcy judge Jennifer Hendersongaveled her courtroom to order late Monday. Henderson was holding an emergency hearing on a motion for a temporary restrainingorder to stop some of the property from being auctioned to thepublic Tuesday.
In a motion filed in court Monday, Butler alleged he neversigned the mortgage and that his signature on the document was aforgery.
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