The latest salvo in the Bruce McNall bankruptcy case has been fired by trustee R. Todd Neilson, who is suing McNall's estranged wife, Jane Cody McNall, to recover an alleged $1 million held in a Swiss bank account and a substantial inventory of jewelry.
"The trustee contends Ms. Cody has a substantial quantity of property she is obligated to turn over to the trustee," said Leonard L. Gumport, Neilson's lawyer, on Monday. "Ms. Cody denies that and the court is going to decide."
The suit is the second filed this month by Neilson, who sought to invalidate European American Bank's $30-million claim against the estate and is trying to recover $20 million from the bank.
Much of the basis for that lawsuit came from McNall, the former owner of the Kings, and the same holds true for this latest action. In a meeting with Neilson on March 16, McNall disclosed the existence of an account at Swiss Bank Corporation in the name of Lunaco AG Vaduz, which was transferred to an entity believed to be called Global Trust for Cody.