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Lazarus, Come Forth
The Gary Bradley bankruptcy trial pits a creditor theory of financial manipulation against a Bradley defense of innocent bookkeeping errors
News Story  April 30, 2004, by Amy Smith
"...Angels to Phoenix to Lazarus Ikard, leading the charge against Bradley, has pieced together a dizzying number of financial transactions that he believes offer strong, albeit circumstantial, evidence that links Bradley to Lazarus. Ikard has developed an intricate timeline that follows Bradley on a circuitous path beginning in September 1990, when Gibraltar Savings brought a lawsuit against Bradley and partner James Gressett for defaulting on loans the pair took out to build the Circle C Ranch, and ends in July 2002, when Bradley filed for bankruptcy and claimed just $500,000 in assets..."

Gibraltar v. Bradley
The Gibraltar case could be a road map for the FDIC vs. Bradley.
News Story  October 11, 2002, by Amy Smith
"...If FDIC lawyers need a road map to pursue fraud claims against Gary Bradley to collect on a $73 million debt, they would likely turn to the lawsuit that First Gibraltar Savings Bank brought against James Gressett in 1995...."

Can Lazarus Rise Again?
Gary Bradley faces bankruptcy, and Austin wonders if he'll survive and thrive one more time.
News Story  October 11, 2002, by Amy Smith
"...Beyond that issue, an equally formidable challenge would arise if the FDIC moves to object to the debt dismissal to recoup some of taxpayers' money. The feds would have to produce evidence that Bradley committed fraud in connection with $100 million in loans that he and partner James Gressett secured from Gibraltar Savings Association in 1985 to develop the Circle C Ranch -- Bradley's most visible imprint on Austin..."

Poor, Bankrupt Bradley
News Story  August 23, 2002, by Amy Smith
"..."If this is a successful bankruptcy, then those debts will be discharged," he said. In the mid-Eighties, Bradley and his partner, James Gressett, obtained several loans to build the Circle C Ranch development in Southwest Austin..."

Judge: Let's Bust Bradley's Trust
Bankruptcy ruling opens up developer's assets to creditors
News Story  November 5, 2004, by Amy Smith
"...The court allowed that Bradley's sister, Kaye Bradley, may have established the trust with good intentions, but it nevertheless came to represent a "fraudulent" way of doing business for the developer and other key players. Bradley claimed he had no control or ownership of the trust's various real estate entities, and his cousin, Bradley Beutel, who managed the trust, offered supporting testimony on the witness stand, as did Bradley associates James Gressett, Jimmy Evans, and others...."

Bradley Files Again
Lawsuit-Happy Developer Sues His Own Lawyer
News Story  November 21, 1997, by Robert Bryce
"...Before getting into the details of Bradley's latest litigation, here's a quick review of his other flirts with Lady Justice: In 1990, Bradley and James Gressett were sued by First Gibraltar Federal Savings Bank for non-payment of four loans they received from the failed Gibraltar Savings Association of Houston. The suit also sought repayment of a fifth loan, a $15 million personal note..."

With Friends Like Jim Bob...
Developer Gary Bradley Is Sued by Old Pal as Finances Fade
News Story  March 28, 1997, by Robert Bryce
"...But while Bradley was able to escape Austin, he hasn't been able to escape his debts. In 1990, he was sued by First Madison Bank, which was seeking to recover more than $100 million in development loans and $15 million in personal loans that Bradley and his partner, James Gressett, received from the failed Gibraltar Savings Association of Houston..."

The Battle for the Springs: A Chronology
News Story  August 9, 2002
"...A bridge across Town Lake extends MoPac Boulevard into South Austin.1982 Gary Bradley and his partners, James Gressett, Mitchell Sharp, and Ira Yates, buy the 2,700-acre Circle C Ranch in Southwest Austin from Polly Brooks (Yates' mother).1983 City Council approves creation of four municipal utility districts to provide water and sewage service to Circle C. Bradley agrees to terms that allow the city to begin annexing parts of the development in 10 years.1987 Legislature enacts HB 4, which bars a city from altering water quality rules once a development project has begun..."

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