The intra-family court fight between Las Vegas Sun publisher Brian Greenspun and his sister Susan Greenspun Fine apparently has been settled on undisclosed terms.
Brian Greenspun attorney E. Leif Reid said the Clark County District Court case would end based on mutual agreement of both sides, removing a hearing scheduled for July 2. He declined further comment.
As of Thursday afternoon, court papers had not been filed to formally terminate the case and Greenspun Fine attorney Nicholas Santoro could not be reached for comment.
Greenspun Fine began the case in April, contending that her brother had borrowed $2 million from her trust fund in March 2010 but had not repaid the loan when it came due three years later. After a grace period, she took him to court to get the money back.
The case dismissal followed the sale of a Southern Highlands home that Greenspun had posted as collateral for the loan. According to county records, the 8,804-square-foot estate with golf course frontage sold for $2.4 million, with the deed recorded on June 3.
County records show that Greenspun purchased the house five years ago for $3.7 million. Various real estate listings depict it as having five bedrooms, 5.5 baths, five fireplaces, a home theater and a wine cellar.
He listed it for resale for a year at $3.5 million before pulling it from the market in November 2011.
The sales effort resumed a year ago at a new asking price of $3 million, with at least one intermediate price cut for finding a buyer for a third less than what Greenspun originally paid.
It is unclear whether anyone ever lived in the house.
Contact reporter Tim O’Reiley at
firstname.lastname@example.org or 702-387-5290.