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Kenerly asks for dismissal of bankruptcy

ATLANTA -- Former Gwinnett commissioner Kevin Kenerly may have settled his bankruptcy case.

Kenerly, who faces criminal charges related to a bribery allegation, filed documents in federal bankruptcy court seeking dismissal of the case.

The filing said Kenerly "has resolved or is well underway with the process of resolving problems and issues with his secured creditors and there is very little unsecured debt in his case."

The case has revolved around credit from Kenerly's real estate, including $1.6 million owed on his Chateau Elan home and $700,000 owed for property in Myrtle Beach, S.C.

The filing notes that the U.S. trustee does not oppose the dismissal and said, "there are no assets and income to justify a further effort toward reorganization."

An attorney familiar with bankruptcy law said such motions are common in cases with few assets, when the assets are fully leveraged, once a debtor has worked out an agreement with a bank on a mortgage and general creditors do not object.

In late 2010, Kenerly resigned his position as commissioner and faces an indictment on a bribery charge on allegations he accepted a $1 million bribe from a developer for working out a favorable deal for the county to purchase land for a park.

An Aug. 22 hearing is scheduled in the criminal case, a week after a hearing on the motion to dismiss the bankruptcy case is set.

Comments

Coolray 2 years, 5 months ago

No assets? What happened to all the money he got for shaping rezoning decisions? What about the millions from inflated land deals? The DA needs to hire a good forensic accountant to find out where all of the money is hidden. Let start by digging up the land around the Myrtle Beach estate.

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jjbod1 2 years, 5 months ago

He is as bankrupt as I am a billionaire !

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Say_that_again 2 years, 5 months ago

Yeah! An excellent example of conservative values! Sell influence to the highest bidder and then declare bankruptcy to get your own personnel bailout at the expense of others! Excellent illustration of conservative greed!

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jack 2 years, 4 months ago

Yet, in California, the liberal quest for votes in the form of sweetheart union pension deals for public workers is bankrupting entire cities. Exellent illustration of liberal greed.

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MissDaisyCook 2 years, 4 months ago

How about Rep. Jefferson of La. that had $90,000 cash in his freezer and Charlie Rangle of NY that "forgot" about his real estate in South America; or closer to home the gaggle of democrats around Snellvile that bought commissioners and appointments for years. An example of liberal greed?

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Cleanupguy 2 years, 4 months ago

Now children - I know, to partisans corruption is only relevant on the other side of the aisle, but seriously - this sort of argument is part of the problem and has nothing to do with any solutions. Corruption is corruption.

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Jan 2 years, 4 months ago

Very good. There are rotten apples on both sides of the aisle and all the random name calling only discourages good people from going into politics.

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teelee 2 years, 4 months ago

I'll take a greedy Conservative over a needy Liberal anytime! At least Conservatives have values!

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Cleanupguy 2 years, 4 months ago

Thanks Jan - Teepee epitomizes the worst of the immature side of this. Not to mention that this alleged "Conservative" was eager to have taxpayers chipping in for a guaranteed-to-fail airport debacle at Briscoe. Same as my previous comment - everything that's not out of my pocket is fine as long as it comes from the "right" party and benefits me. So there and nanny-nanny-poo-poo Teepee!

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CD 2 years, 5 months ago

If only we could dismiss his term in office and put some of that cash back into the coffer.

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Cleanupguy 2 years, 4 months ago

The tiny percentage of Gwinnett citizens that showed up and kept voting for people like this, even when it was crystal clear that he was (allegedly) a crook are really at the root of this. We saw him on TV and read about him in the papers when he was gambling in Las Vegas with the guy that was (allegedly) bribing him, but again he was re-elected. Ditto Bannister and Lasseter (after a less than stellar run as Duluth Mayor). Today we'll probably have an equally small and uninformed voter turnout, and we'll get what we've asked for. If we keep handing the keys to crooks, they'll keep doing do what crooks do - stealing us blind.

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dman 2 years, 4 months ago

If we only had an election process where there were NO party affiliations. Just people running as a candidate. Not loyal to anything except for the citizens of the area. Just living in Fantasy Land!!

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BurritoJones 2 years, 4 months ago

I've often thought about why we don't do that. Unfortunately I think the candidates would simply find proxy words to use in place of their party lines. Labeling themselves 'Conservative' instead of 'Republican', and then we're back where we started.

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Jan 2 years, 4 months ago

If all elections were "just people running" we would at least get to vote on a full slate of candidates instead of limiting our votes to a party and then a choice of only two. Now people can get elected to office with only 26% of the vote original vote. With instant runoff technology, we could also greatly reduce the cost of elections.

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Cleanupguy 2 years, 4 months ago

Amen Burrito Buddy! Georgia, for example, has always been a one-party state. Years ago the Democrats re-labeled themselves as Republicans (example: Charles Bannister) and nothing changed. The other party is only useful for blame - there is really very little difference in the flavors, just how they're marketed and perceived.

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Gundoctor1 2 years, 4 months ago

Boy somebody really stirred y'all up on this one. Does this mean Kevin does not need to try and run for commissioner again??? ha ha

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