The Legal Battle Over Zuckerberg’s Hawaii estate – IOTW Report

The Legal Battle Over Zuckerberg’s Hawaii estate

 

guardian.com: On 22 December 2016, a retired professor of Hawaiian studies named Carlos Andrade sent a letter to dozens of his relatives informing them that he was about to sue them.

The relatives were among hundreds of partial owners of four small parcels of land on the island of Kauai, the legacy of a shared ancestor named Manuel Rapozo. A neighboring landowner, Northshore Kalo LLC, was willing to pay the legal fees to clear up the title on the property – enabling Andrade to take full ownership and compensate his fellow descendants for their shares.

It wasn’t until nearly a month later that the Honolulu Star-Advertiser broke the news that Northshore Kalo LLC was not a taro farm, as some had assumed (“kalo” means “taro” in Hawaiian), but a shell corporation controlled by Mark Zuckerberg. The Facebook founder was pursuing eight separate lawsuits related to parcels of land that, like the Rapozo parcels, were surrounded by his 700-acre Kauai estate.

Those who had been sued had a choice: they could sell their partial shares or try to outbid a billionaire in a public auction. If they lost, they could be forced to pay Zuckerberg’s legal fees.

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