Baer back in court over casino land
July 20, 2012
“Beverly Hillbillies” star Max Baer Jr. filed a lawsuit Thursday claiming that he was defrauded out of $7 million by two Carson City car dealers, Riverwood developer Jay Timon and Douglas County.
In September 2007, Baer agreed to pay $7.5 million for property he hoped to develop into a casino cashing in on his fame as Jethro in the 1960s television series “The Beverly Hillbillies.”
The casino, Jethro’s Beverly Hillbillies Mansion and Casino, has never been built, and the property remains in litigation on several fronts.
The 16-acre property sits 1,100 feet from Highway 395 opposite Carson Valley Plaza near the Douglas County-Carson City line.
According to complaint, Riverwood entered a 10-year development agreement with Douglas County without informing the county that Baer owned some of the property, or telling Baer about the agreement which placed encumbrances on his ability to develop.
Hohl and Cryer are listed as co-owners and partners with Timon in Riverwood. The complaint alleges they agreed to provide personal guaranties sufficient to obtain loans to finance Riverwood’s development including construction of utilities and infrastructure to Baer’s property line and, assist Baer with financing.
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In the lawsuit, Baer says he had no prior commercial development experience and was relying on Riverwood’s promise to develop the utilities and other infrastructure.
Encumbered by the terms and length of the development agreement, Baer claims he is unable to borrow against the property which has been substantially devalued.
Baer, 74, alleges the 10-year development schedule set by the agreement is “too protracted” for someone of his age making it impossible or difficult to obtain a building permit.
Had he known about the development agreement, Baer said he never would have purchased the property or proceeded with related expenditures, agreements and transactions.
Conversely, had the county known of the specific terms of Baer’s agreement with Riverwood, it never would have approved the development agreement.
Douglas County sued Riverwood two years ago claiming the company failed to disclose that it sold property to Baer between the time the development agreement was approved and it went into effect.
The complaint was filed by Reno lawyer Sean Brohawn on behalf of Max Baer Productions Ltd., of Los Angeles.