Carlson Grandson Files for Bankruptcy
From Minneapolis Star-Tribune:
He Left Family Business in 2006
Curtis Carlson Nelson, grandson of the late Minnesota business giant Curt Carlson, has filed for Chapter 11 bankruptcy, listing $41.25 million in liabilities and $4.1 million in assets. The filing follows a string of economic setbacks for Nelson, including a foreclosed home in Minnetonka with a $3.16 million mortgage and a value of $565,400 and a $3.8 million judgment against him by Crown Bank involving delinquent loans. Click here for the full story.
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