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Billion-Dollar Family Feud Over Sherman Estate

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Billion-Dollar Battle: Siblings Clash Over Sherman Estate - A fierce family feud erupts over two billion dollars from murdered pharma king Barry Shermans estate. Sons Jonathon and Michael, along with ex-brother-in-law Bradley and money manager Alex, clash with sister Alexandra over the Sherman family trust board. The battle centers on the Sherfam board, with Woollcombe seeking an independent chair and Jonathon aiming to remove Krawczyk and Glasenberg. The infighting has roots in poor estate planning and the tragic murders of Barry and Honey. Judge Dunphy pushes for an open hearing, while all sides prepare for a May twenty-fifth showdown, unless they settle first. The billion-dollar drama unfolds in court, with the Sherman murders still unresolved.

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Billion-Dollar Family Feud Over Sherman Estate

Canada News Today | 2 Min News | The Daily News Now!

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Full transcript

Canada News Today | 2 Min News | The Daily News Now!Billion-Dollar Family Feud Over Sherman Estate. Machine-transcribed; use the interactive transcript above to jump the player to any line.

A fierce family feud is erupting over $2 billion in assets for murdered Pharmaking, Barry Sherman. His son Jonathan Sherman and board nominee Michael Wolkholm are clashing with Jonathan's sister Alexandra, her ex-husband Bradley Crotchock, and long-time money manager Alex Glazenberg. Barry and his wife Honey were killed in their Toronto home back in December 2017, leaving a massive estate split among their four kids. The battle centers on the Sherman Family Trust Board, called Sherfham, which oversees investments after selling Barry's drug company, Apatex. Wolkholm wants Ontario Superior Court to reinstate an independent chair or appoint a new one, claiming the current setup risks those assets. Jonathan separately seeks to boot Crotchock and Glazenberg for alleged breaches of trust. This infighting has roots in the tragedy, with siblings trading accusations amid poor estate planning. Judge Sean Dunphy notes, the air's rocky relationships aren't surprising after such loss, but he's pushing for an open hearing.

Past secrecy bids failed, upholding court transparency. Recent filings reveal board votes blocking the chair's renewal and law firm conflicts with threats of lawsuits flying. All sides gear up for cross-exams and document swaps ahead of the May 25 showdown, unless they settle first. As this billion-dollar drama unfolds in court, it spotlights the unresolved Sherman murders still dragging with one part-time detective sifting. Files could be decades before closure on that front. Canada News Today, powered by AI Bringing You What Matters. I'm Corey, with the story.

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