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Helmsley Enterprises Inc

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BUSINESS
December 1, 1992 | MICHAEL FLAGG, TIMES STAFF WRITER
Fidelity National Financial Inc., an Irvine title insurance company, said Monday that it has agreed to buy a title insurance unit of New York's Helmsley Enterprises Inc., owned by hotel queen Leona Helmsley and her husband, Harry. Fidelity, based in Irvine, has been in a buying mood and apparently can afford it. The company's revenue for the first nine months of 1992 jumped 64%, to $261 million, lifted by a wave of people refinancing their homes to take advantage of low-interest rates.
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BUSINESS
December 1, 1992 | MICHAEL FLAGG, TIMES STAFF WRITER
Fidelity National Financial Inc., an Irvine title insurance company, said Monday that it has agreed to buy a title insurance unit of New York's Helmsley Enterprises Inc., owned by hotel queen Leona Helmsley and her husband, Harry. Fidelity, based in Irvine, has been in a buying mood and apparently can afford it. The company's revenue for the first nine months of 1992 jumped 64%, to $261 million, lifted by a wave of people refinancing their homes to take advantage of low-interest rates.
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BUSINESS
October 6, 1992 | JAMES S. GRANELLI, TIMES STAFF WRITER
Fidelity National Financial Inc. said Monday that it has agreed tentatively to acquire Security Title and Guaranty Co. in New York for $21 million in cash. The deal for Security, a subsidiary of Helmsley Enterprises Inc., would give the Irvine parent company for Fidelity National Title Insurance Co. its third large acquisition this year. "We're really excited about this acquisition," said William P. Foley II, Fidelity's president and chief executive.
BUSINESS
October 6, 1992 | JAMES S. GRANELLI, TIMES STAFF WRITER
Fidelity National Financial Inc. said Monday that it has agreed tentatively to acquire Security Title and Guaranty Co. in New York for $21 million in cash. The deal for Security, a subsidiary of Helmsley Enterprises Inc., would give the Irvine parent company for Fidelity National Title Insurance Co. its third large acquisition this year. "We're really excited about this acquisition," said William P. Foley II, Fidelity's president and chief executive.
BUSINESS
April 11, 1992 | From Times Staff and Wire Reports
Leona Helmsley Getting Last-Minute Appeal: The 2nd U.S. Circuit Court of Appeals on Tuesday will take up the hotel queen's request to perform community service rather than go to prison. Helmsley, 71, is scheduled to report Wednesday to a federal prison in Kentucky to begin a four-year term for evading $1.2 million in taxes. Her lawyers argued last month that prison would be the death knell for Helmsley and her ailing, 83-year-old husband, Harry. A judge rejected the argument.
NEWS
August 31, 1989 | SCOT J. PALTROW, Times Staff Writer
A federal jury Wednesday in effect informed hotel "queen" Leona Helmsley that it's not only the little people who are obliged to pay taxes. After deliberating for just over four days, the jury found Helmsley, 69, guilty of 33 felony counts, including tax evasion, filing false tax returns and mail fraud. Helmsley, renowned from magazine ads as the perfectionist queen who reigned over the Helmsley Hotel chain, was convicted of evading $1.
NEWS
December 13, 1989 | SCOT J. PALTROW, TIMES STAFF WRITER
Leona Helmsley, the self-proclaimed queen of a luxury hotel chain, was sentenced Tuesday to four years in federal prison and fined $7.1 million by a judge who said her criminal tax offenses were the product of "naked greed." The judge imposed the sentence after Helmsley, 69, tearfully begged for mercy. U.S. District Judge John M. Walker Jr. told Helmsley that she had "an arrogant belief that she was above the law."
BUSINESS
April 11, 1992 | From Times Staff and Wire Reports
Leona Helmsley Getting Last-Minute Appeal: The 2nd U.S. Circuit Court of Appeals on Tuesday will take up the hotel queen's request to perform community service rather than go to prison. Helmsley, 71, is scheduled to report Wednesday to a federal prison in Kentucky to begin a four-year term for evading $1.2 million in taxes. Her lawyers argued last month that prison would be the death knell for Helmsley and her ailing, 83-year-old husband, Harry. A judge rejected the argument.
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